For most Americans, Dow 20,000 carries little benefit

WASHINGTON — While Wall Street celebrates yet another stock market record — surpassing 20,000 on the Dow Jones industrial average — many Americans have little reason to cheer. Despite the spread of 401(k) retirement plans, the wealthiest 10 percent of households own roughly 80 percent of stock market wealth. The Dow’s 23 percent surge over [...]

By |2017-01-31T16:23:40-05:00Monday, January 30, 2017|

Why you should care about that new Dow record

NEW YORK (AP) — It’s been a long time coming, and perhaps a cause for celebration. But when it comes to your finances, the new record high for the Dow Jones industrial average will probably have zero impact. Most retirement or brokerage accounts will be unaffected. The Dow index, a symbol of investor euphoria and [...]

By |2016-07-18T00:00:37-04:00Friday, July 15, 2016|
Go to Top