Everyone talks about the Dow. What is that make them all focus only on the Dow 30 when there are nearly 10,000 stocks and 50 commodities, minions of mutual funds and lots of hedge funds, not to mention all the sectors and ETFs and even those lofty credit default swaps?
Well, simply stated, the Dow 30 Industrials, that's publicly traded corporations, are the largest American based and incorporated in one of the 50 United States. It's just because they are big that they are in the Dow. And, Dow components change from time to time.
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