On radio and TV they often announce the day's change in the Dow index while skipping the S & P and Nasdaq. Tens of millions of people have S & P 500 funds, many are in the Nasdaq. How many people have Dow funds? I get the Dow's history, but who cares at this point? My portfolio is closely tied to the S & P, less so to Mid and Small caps and International; not at all to the Dow. End of rant.
Edit: Thanks everyone for your replies. I understand the tradition/history associated with the Dow. And the Dow has some huge and very important companies. My point is really that so many people now have mutual funds/ETFs, the S&P and Nasdaq are more relevant to many of us, so I would rather just hear those instead.
