130 Years of the Dow: Why It Still Matters for Advisors130 Years of the Dow: Why It Still Matters for Advisors130 Years of the Dow: Why It Still Matters for Advisors
On May 26, 1896, Charles Dow calculated a simple arithmetic average of 12 industrial stocks and arrived at a closing value of 40.94. Now, exactly 130 years later, that same benchmark has crossed the historic 50,000 threshold. Key Takeaways: Exactly 130 years after its launch, the Dow Jones Industrial Average crossed the historic 50,000 mark. […]
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