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Index Bomb: A Popular Investment Theory Knocks Markets Out of Whack
By
Jonas Ferris
07/22/00 - 10:30 AM EDT
Have we reached the point where indices drive stock prices, rather than the other way around?
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,411.87 | 1,111.00 | 2,200.04 | 33.84 |
Oil *
78.87
|
|
UP
141.40
|
UP
17.52
|
UP
32.16
|
DOWN
0.45
|
10 Yr
3.38%
SPDR Gold
111.26
|
|
+1.38%
|
+1.60%
|
+1.48%
|
-1.31%
|
Data delayed 20 minutes |


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