Is the S&P More Important Than The DOW?

JustDave

Well-known Member
First, I don't own stocks, but what I've noticed lately (maybe the last 6 months or so), as when something happens in the stock Market, the reports talk about and graph the S&P, but not so much the DOW. Or is it because I haven't been paying close attention? It used to be that it was all about the DOW. The S&P was just an index that didn't seem as important.

I confess I am the kind of guy that hears on NPR every three weeks or so that the DOW rose or dropped 8 points today, which means nothing because only once a month, I even know what it was yesterday. Probably less than that.
 

All exchanges are a reflection of what people think will happen within the next 6 months. What happens day to day is just noise. It's what happens over a specific time period (whatever you want to pick) that matters.
 

actually the wiltshire 5000 is the market so to speak .

it no longer contains 5,000 stocks in it but it does hold over 3600 .

when you buy a total market fund that is what you get
 
Today with fast computers, it seems like each stock in the market could be calculated into a whole in minutes and even subgroups could be grouped together.
 


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