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That Dow Jones 20,000 milestone could be a warning sign
Add BT as a preferred sourcePublished Tue, Jan 10, 2017 · 09:50 PM
Washington
THE Dow Jones Industrial Average - the granddaddy of indexes - is famously flirting with a milestone. The Dow closed on Friday at 19,963.80, just shy of the irresistible 20,000.
The Dow will cross over eventually, no doubt to great fanfare. But it's not clear whether that milestone will be cause for celebration or concern. A look at previous milestones for the Dow is instructive.
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