The Dow Jones Industrial Average set a startling record that shows just how flawed it truly is

The past few days in the stock market have been so wild a plunge on Monday, a sharp pivot upward on Tuesday, a rise with lots of oscillations on Wednesday that a record set by the Dow Jones Industrial Average on last week s final day of trading has been largely overlooked. That s unfortunate, because there s a lot to be learned from that record about how financial markets work.
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