When it comes to stocks, Apple is an influencer and any changes in its stock price will affect US stock indexes. That's what happened on Monday when the Dow Jones Industrial Average surged and the NASDAQ and S&P fell because of Apple, says a report in Forbes. The NASDAQ and S&P both include Apple, and the company's five day decline is dragging the two indexes down. Apple's stock is now sitting at US$580.
U.S. stocks fell Friday, ending the longest winning streak for the Dow Jones industrial average in nearly 17 years. The Dow Jones industrial average dropped 25.03 points, or 0.2 percent, to 14,514.11. The Standard & Poor’s 500 index... Read Post
The Dow Jones Industrial Average is a peculiar stock market index for several reasons. For one, it's a price-weighted index, which means a stock with a high per-share price will have a greater influence on the index's fluctuations. ... Read Post