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Apple’s stock split prompted the most significant reshuffle in the Dow Jones Industrial Average in seven years. The Dow has trailed the Nasdaq and the S&P 500, which have been boosted by tech stocks rally. When the tech bubble blows up, the Dow will plunge along with other indexes. The dominance of technology
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The Dow Jones rallied to start the week despite a stunningly bearish Q2 GDP estimate from the Federal Reserve Bank of Atlanta. The Dow’s Unstoppable Climb Meets Its Match in Alarming Fed Prediction by CCN.com Source
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The Dow has vastly underperformed the NASDAQ and S&P 500. For investors who believe a “new normal” is coming, the Dow is antiquated. If you think the economy will return to normal, the Dow’s underperformance suggests it’s time to pick value stocks. Over the past few weeks, the stock
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Bitcoin jumped towards $6,000 in overnight trading as Federal Reserve reduced its benchmark interest rates, but trimmed gains as some traders liquidated their positions for cash amid sell-off in stocks.The bitcoin-to-dollar exchange rate plunged to $4,396.50 by 10:05 UTC, bringing its 24-hour losses further up by 13.78 percent. The bitcoin futures
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The U.S. stock market has been rallying thanks to massive amounts of liquidity injection from the Federal Reserve. The calm rise in indices has made investors complacent and misprice risk. The Dow Jones witnessed a 1,000 point drop on Monday, and technical data points suggest that it’s just the
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