Tuesday, October 18, 2011

Dow moves higher despite selloff in IBM...

IBM is currently down 8.37 to 178.30

IBM's is the highest weighted stock in the price-weighted Dow Jones Industrial Average.  It carries 12.39% of the weight, since it is the highest priced of the 30 stocks.

In spite of this the Dow is up 119 points right now...without IBM we would be up nearly 200 points.

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