Why the Dow Is Holding Up Better than the S&P 500 and Nasdaq Today
Though the Dow was wavering connected Monday, the scale was inactive wrong striking region of posting a regular summation and extending its winning streak to 10 days acknowledgment to a fewer cardinal stocks.
The blue-chip scale was hovering astir breakeven successful Monday greeting trading, portion the S&P 500 was down 0.4%. The Nasdaq Composite was down 0.6%.
Only 14 of the 30 stocks successful the Dow were rising, but the scale weighing its members by banal terms provided resilience; the Dow’s apical 5 stocks were American Express, UnitedHealth Group, Sherwin-Williams, International Business Machines, and Visa.