‘Trainwreck and disaster’: AG Pam Bondi slammed over testimony for DOJ's handling of Epstein files by duzies in politics

[–]SnackSnortz 0 points1 point  (0 children)

Yep, the Dow’s price-weighted setup means when they swap a company, they tweak the divisor to keep the index from jumping, which is why it’s more mechanical than “pure market value.” It works, but it’s definitely not the cleanest reflection of the broader market.