The Dow gets a Makeover | Weekly Market Minute

The S&P 500 is up nearly seven-and-a-half percent so far this month, on pace for its best August since…

This is shaping up to be the best performing August for the S&P 500 since 1984. Not to be outdone, the Dow Jones is on pace for its best August in 36 years. Speaking of the Dow, today the Dow officially gets a makeover with Salesforce, Amgen, and Honeywell all added to the index, replacing Exxon Mobil, Pfizer, and Raytheon Technologies. With Apple’s stock split taken place, Apple’s influence on the price movement of the Dow Jones, a price-weight index, will be much smaller starting today as well. The Dow Jones Industrial Average (DJIA) is a widely-watched benchmark index that tracks 30 large, publicly-owned blue chip companies trading on the New York Stock Exchange and the NASDAQ.

For the week ahead, let's track the movement of interest rates and volatility. The 10-year Treasury yield is up against resistance at .75, can it break above? And the VIX has been moving upward along with the S&P 500, which could be forecasting a period of volatility or a pullback.

For a more detailed market report head on over to our Insights page. Where there are some of the key economic data points to be released this week. Also subscribe to our YouTube channel and check out some of our other social media pages.

This has been your Weekly Market Minute, and we’ll see you on Monday – prefer to listen or watch? Check out our video & audio formats below:

Prefer Audio Over Video?

Stay informed on what's going on in the market without getting caught up in the flashy headlines.

Listen to this Episode:

The Dow gets a Makeover

Duration: 2:06

  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon
  • YouTube Social  Icon

To view a copy of our Customer Relationship Summary (CRS), please Click Here

Advisory services offered through Asset Strategy Advisors, LLC. (ASA), Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC, Insurance offered through Asset Strategy Financial Group, Inc. (ASFG). ASFG and ASA are independent of CIS. To access Concorde’s Form Customer Relationship Summary (CRS), please click here.

Asset Strategy does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances.

There is no guarantee investment plans will meet its objectives.

This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Asset Strategy at 

© 2021 Asset Strategy, LLC 

 Privacy & Use Policies  |  Broker Check  | Tax & Legal Discloure