As DJIA Sees Uptick, Indexes Face Change
Not only an important indicator of the markets, the Dow and other leading indexes also reflect the wealth of the nation, since so many ordinary investors-as well as institutional funds-have their assets tied up in vehicles that closely track these indexes.
But aside from the current crisis, the index industry as a whole is facing its own challenges, according to an event hosted by the Journal of Indexes and Nasdaq OMX last week.
According to Steven Schoenfeld, chief investment officer of Northern
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