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…
-
General18 hours agoAustralia Kangaroos lose Xavier Coates and Zac Lomax ahead of rugby league Ashes in England
-
General23 hours agoRescuers pull children from the rubble of Indonesian boarding school collapse
-
Business22 hours agoDoes Macquarie rate Karoon Energy shares a buy, hold or sell?
-
Noosa News23 hours agoThree steps Queensland SES want you to know to Get Ready for severe weather