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,... »
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Archive for July 20th, 2010
Oops! The Wall Street Journal Forgets How the Dow Jones Industrial Average Is Calculated
Tuesday, July 20th, 2010
Tags: DJIA, Dow Jones Industrial Average, Equities, S&P 500, Standard & Poor's 500, Statistical analysis, Stocks
Posted in Investment Insights | No Comments »
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