CNBC Daily Open: It’s time to talk about the Dow

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CNBC Daily Open: It’s time to talk about the Dow
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On a weekly basis, the S&P advanced 0.79%, the Nasdaq fell 0.57% — but the Dow gained an impressive 2.08%.

The Dow's other key difference from the S&P and Nasdaq is that it is price-weighted, that is, the more expensive the stock, the bigger its influence on the index. Conversely, the other two major indexes are capitalization-weighted, meaning that the higher the total value of the company's total shares, the more sway it has in moving the index.slumped 2.66%. It has a market capitalization of over $1 trillion.

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