Have you ever wondered why trillions of investment dollars are indexed to the Standard & Poor’s 500 Index but almost nothing (relatively speaking) is tied to the Dow Jones Industrial Average? Go no further than yesterday’s market.
Yahoo Finance Live anchors discuss the rise in Meta stock following earnings that is buoying tech stocks and major indices.
In this market, the last thing investors have been rewarding this earnings season is a bottom-line miss vs. expectations of any magnitude. Except if you are Meta.