By Chuck Jones, ContributorApr 22, 2018, 9:13 pm1.2k ptsHot
Since the Dow is a price-weighted Index, the higher priced shares have a greater influence than if the Index was based on market cap. This is shown in spades when you compare Apple’s impact vs. GE’s on Friday.
MacHash is your up to the minute Apple news source. It's a content discovery engine that continuously delivers the latest Apple, Mac and iOS headlines from the web's best sources.