Here’s Why the Dow Is Up More Than the S&P 500 and Nasdaq

Here’s Why the Dow Is Up More Than the S&P 500 and Nasdaq · Barrons.com

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Stocks across the board are surging Wednesday morning in the wake of Donald Trump’s victory over Kamala Harris. Nvidia officially joins the Dow on Friday, replacing Intel. Chalk it up to the fact that the Dow is a price-weighted average and not a market cap-weighted index like the S&P 500.