serves as an economic barometer
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The Standard & Poor's 500 Index and the Dow Jones Industrial Average (DJIA) serve as barometers of stock market performance, and are often used as barometers for the U.S. economy as a whole. It is quite common for a stock index or exchange to be used as a barometer for national economic health.
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The Standard & Poor's 500 Index and the Dow Jones Industrial Average (DJIA) serve as barometers of stock market performance, and are often used as barometers for the U.S. economy as a whole. It is quite common for a stock index or exchange to be used as a barometer for national economic health.
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