Moses Annenberg
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Moses Annenberg in The Greatest Power is Political Power,

Dow Falls More Than 1% As Zayn Leaves One Direction

Stocks dip a couple billion in the whole wide world.

The Dow is an antiquated and largely useless price-weighted average of 30 large American companies. It became slightly less useless earlier this month when Apple was added to the index, replacing AT&T.

As you can see below, the Dow began falling prior to the announcement of Zayn's departure, suggesting some traders may have been tipped off early.

Jason Merritt / Getty Images

Pascal Le Segretain / Getty Images


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