Business
Why the Dow topped 30,000 for the first time, and why it’s a big deal – Sydney Morning Herald
It’s an attention-grabbing psychological threshold, and it’s an encouraging signal that the US market’s rally is broadening beyond the handful of stocks that carried…
What is the Dow, exactly?
Its a measure of 30 US companies, mostly blue-chip stocks spread across a range of industries. They include tech stars like Apple and Microsoft, as well as more traditional industrial companies like Boeing and Caterpillar. Other behemoths in the Dow include Nike and The Walt Disney Co.
Unlike many other measures of the market, the most important thing for the Dow is how big a stocks price is, not how much a company is worth in total.
That means a 1 per cent move for UnitedHealth…
-
General19 hours agoOf saints and sinners | The Spectator Australia
-
General20 hours agoSmall plane crashes into San Diego neighbourhood, setting homes and vehicles on fire
-
Noosa News10 hours agoTully Sugar Mill celebrates 100 years of cane harvesting amid floods and cyclones
-
General20 hours agoWhy the nation needs the Nationals to ditch Net Zero