by Chris Becker
Quick financial market knowledge – if you hear “the Dow Jones hit a record high today”, that’s NOT an indication that all US stocks lifted. Unlike the broader ASX200, which has…200 stocks in it, the Dow comprises only 30 companies.
The broad index to watch is the S&P500 – 500 stocks! And as the keen eyes at ZH point out where that market has gone since early July: