Why Main Street, media love the Dow
Posted on July 19, 2007 at 16:08 PM EDT
As the stock market has rallied over the past year, the Dow Jones industrial average has set record after record, surpassing the milestones of 12,000, 13,000 and now 14,000. Which raises the question: Why so much hype over an index with just 30 stocks that has been tossed aside by most investing professionals? By Martin Wolk