Advertisement
New Zealand markets closed
  • NZX 50

    11,817.91
    +89.91 (+0.77%)
     
  • NZD/USD

    0.6051
    -0.0034 (-0.56%)
     
  • ALL ORDS

    7,957.80
    +32.60 (+0.41%)
     
  • OIL

    82.50
    -0.22 (-0.27%)
     
  • GOLD

    2,157.80
    -6.50 (-0.30%)
     

Is It Time to Buy the Dow Jones' 3 Worst-Performing Stocks This Year?

Is It Time to Buy the Dow Jones' 3 Worst-Performing Stocks This Year?

The Dow Jones Industrial Average was the best-performing of the three major indexes in 2022, but 2023 hasn't been as kind to the blue chip index. The regional banking crisis has hit the Dow hard, and the rebound in tech stocks has also left it lagging behind the S&P 500 and Nasdaq Composite, which have more exposure to the tech sector. As you can see from the chart below, the Dow is actually down slightly for the year even as the other two indexes have delivered solid gains.