Should You Care That the Dow Jones Hit 17,?

The Dow hit 17, today. Is it time for celebration, panic, or indifference? The Dow Jones Industrial Average pushed through 17, today and fireworks lit up the skies across the nation in celebration of another landmark in stock market history. The driving force was a jobs report that was better than expected.

But should you care about the Dow hitting 17,? Round numbers help us grasp things. Will the Dow hitting 17, stoke investor exuberance and push the stock market higher?

But if it makes you feel good about stocks, investing, and America in general, then just take a deep breath and enjoy it. Seventeen thousand is better than 10, The founding fathers would likely agree on that.

Why It Doesn't Matter That the Dow Jones Will Hit 17, Points Any Day Now -- The Motley Fool

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Bob Bobala July 03, at Oh wait a minute, that was just Fourth of July fireworks.

In the end, this is one case where you have to see the trees through the forest. Take the weekend off. The Dow will be back on Monday.

And so will we. Bob Bobala is the Managing Editor of Wyatt Investment Research.

Streaking: Dow Hits 17,, S&P Parties Like It’s - Barron's

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