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The Dow may be joining Apple

By: weco in FFFT | Recommend this post (0)
Sat, 22 Sep 12 11:56 PM | 63 view(s)
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Msg. 46318 of 65535
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People have talked about Apple splitting to get into the Dow. Seems the opposite is more likely:

"...Dow Jones Industrial Average is considering changes to make it more relevant... The changes are being considered by Dow owner Stndard & Poor’s because the index is supposed to be a measure of U.S. industrial titans but doesn’t include Apple Inc, Google Inc. or Berkshire Hathaway Inc."

It's just a quick blurb http://on.mktw.net/QuJy45

If Apple, Berkshire, and Google had been added to the Dow a year ago it would have performed much better than it has. It would also end the rather old fashioned concept of an index tied to share price.


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