The problem with touting the performance today of the Dow is that the index contains just 30 stocks.
Most of them represent old money.
Over the past 4 1/2 years, it is up 41%, while the S&P (new money)has risen 68%; the gap reached 30 percentage points last month. The Dow has remained that far behind.
LOL. So that is the take your right wing web sites are relying on? "Sure the Dow is performing well under Biden, but the S&P is doing even better"!
Of course. Since doing
better is only a relative term. You, like most non investors, jumped on the headlines about the Dow but do not read past those headlines. The news is good, to be sure. But still a long way to overcome the Biden inflation and get back to lower interest rates.
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