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A reporter who did not pick Google or Amazon or Nvidia for the Dow says SpaceX is too risky to join other indices.
SpaceX is being accelerated into major indices like Nasdaq, MSCI, and possibly S&P 500.
KEY POINTS
- The Dow has persistently underperformed the S&P 500 and Nasdaq for over 20 years.
- Ken Brown, part of the Dow's editorial committee, repeatedly declined to add Google over a decade.
- Caterpillar currently has three times the Dow index impact as Apple despite tech's dominance.
- Intel was in the Dow long after losing chip leadership but was finally removed in 2024.
COMPANIES
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