LOOK FROM THE PREVIOUS LOW IN 2003 UNTIL TODAY YOU WILL SEE THAT BOTH THE S&P 500 and NASDAQ HAVE EXCEEDED THE RETURN ON THE DOW. These are broad indexes.
By looking back to 2000, your sources are showing you that the DOW fell less than the NASDAQ and the S&P 500 from 2000 to 2003, but since then, the broader indices have grown MORE THAN THE DOW.
The statement If you look at broader market averages, such as the S& P 500 or the NASDAQ Composite, the former is about 13% below its 2000 high, while the latter is 55% below. is due solely to the fact that both of these indexes FELL MORE THAN THE DOW FROM 2000-2003. FROM 2003 to the present they hace EXCEEEDED the DOW
Stop eating this spoon-fed bull$h!t. Look at the numbers yourself. Did you actually look at the chart. Make a chart yourself.
Can you not see that the S&P 500 has grown more than the Dow since March 2003 ? This rally is broader than a few Dow stocks. It’s right there in the data.
If you can’t see it, then I can’t help you. I just want to make sure it is perfectly clear that both the recent rally off the summer lows and the 3.5 year bull market starting in 2003 are broader than a few Dow stocks.
I’m simply trying to be fair and balanced and occasionally provide data and reality checks on this board. There is too much spoon-fed crap that people need to look behind the numbers.