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As an index bizarrely weighted by price per share and a somewhat arbitrary divisor, the DJIA isn't what you'd choose to report on in the first place if you care
by wrs 9y ago
As an index bizarrely weighted by price per share and a somewhat arbitrary divisor, the DJIA isn't what you'd choose to report on in the first place if you cared about anything but sentiment.
- kaycebasques 9y agoIt's also a small basket of 30 US companies. A lot of big, important companies across different industries, sure. But it's just another aspect to consider.