Dow 24,000: Here’s Why You Shouldn’t Be Too Excited
The Dow Jones Industrial Average closed above 24,000 for the first time Thursday, and the index has performed exceptionally well in 2017. It was up by about 23% at the end of November. However, it's important for investors to recognize what this means and what it doesn't, as well as why the Dow's performance this year could be particularly misleading as a gauge of the market more broadly.
The Dow Jones Industrial Average, which is the most well-known measurement of stock market performance, is having it's best year since 2013, when the index rose by 26.5%.
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Source: Fool.com