A Foolish Take: What's Behind the Dow's 2019 Rise?
The stock market has done quite well in 2019, with major stock indexes having seen double-digit percentage gains for the year. As of Sept. 6, the Dow Jones Industrial Average (DJINDICES:^DJI) had risen almost 3,500 points, a gain of nearly 15% on the year.
Given the Dow's rise, it'd be reasonable to think that gains throughout the market benchmark's constituent stocks would be consistent. Yet that hasn't been the case this year. Although 23 of the Dow's 30 components have share prices above where they started the year, the remaining seven include four stocks that have lost 10% or more so far in 2019.