![Oops! The Wall Street Journal Forgets How the Dow Jones Industrial Average Is Calculated](http://investmentdirections.com/wp-content/themes/magazine-basic/thumb.php?src=/wp-content/uploads/07-20-649204_calculation.jpg&h=80&w=80&zc=1&q=80)
The weekend edition of The Wall Street Journal carried the headline: “BofA Drives Dow Drop” (July 17-18, by Donna Kardos Yesalavich, page B-11). The problem is that Bank of America, in spite of its 9.2% Friday decline, is too small to have much effect on the Dow Jones Industrial Average (DJIA). Too small? Yes,... »