News for hackers. Stuff that matters.

A comment on Dow plunges 1000 points. Parent comment

Re:Dow plunges 1000 points by wrs on Monday February 05, 2018 @08:12PM (#16313707)
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.
[ Parent | on HN ]
Re:Dow plunges 1000 points by kaycebasques on Monday February 05, 2018 @09:14PM (#16313960)
It'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.
[ Parent | on HN ]