Impressive start to the year for the stock market.
Don't expect Apple to can people en masse like some of its rivals, says Wedbush analyst Dan Ives.
All three of the major U.S. stock indexes were, at some point, entrenched in a bear market. Despite its worst showing in 14 years, its 2022 decline of 9% was far less painful than the 33% drop suffered by the growth-stock-dependent Nasdaq Composite. Since the Dow Jones is comprised of 30 generally mature, profitable, and time-tested companies, it's well-positioned to outperform during periods of heightened uncertainty.