Why most markets always move in the same direction?
Whether it is the Dow Jones, the S&P 500, the NYSE or Nasdaq indexes, they all move in the same direction.
Even the EEM Emerging Markets Index follows the trend, why?
All the world is watching the US economy more closely than their own country economy?
2007-01-13 11:17:53 · 2 answers · asked by Carlos G 3 in Business & Finance ➔ Investing
Economy has become more and more global, I think you will find that this is only a recent phenomenon (say last 10-20 years). Of course all the US indices will move in the same direction....MOST of the stocks are domestic (meaning head office in N. Amercia). The US economy is quickly becoming overrated and will become less and less a force in the future of the world economy.
2007-01-13 12:01:35 · answer #1 · answered by Anonymous · 0⤊ 0⤋
These markets are not so different.
The Dow stock are listed on the NYSE and S&P 500.
Also, these are all U.S. markets/indivces, so the same macroeconomic factors effect them all. (i.e. job growth, good gdp, etc.)
2007-01-13 21:45:24 · answer #2 · answered by Peaches 4 · 0⤊ 0⤋