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Los Angeles Times
Los Angeles Times
Business
Michael Hiltzik

Michael Hiltzik: Millions of Americans are fixated on stock prices. They shouldn't pay such close attention

Following the Dow, are you?

The widely-watched stock market indicator has been all over the place this month: no fewer than nine triple-digit declines out of the 16 trading days so far this year, and two triple-digit gains.

On Monday, the blue-chip index fell more than 1,100 points or about 3.25% from the previous close, only to end the day higher by nearly 100 points.

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