Apple & Dow

Adam Nash:

As of September 17, 2012, AAPL closed at 699.781/share. As it turns out, if Dow Jones had added Apple instead of Cisco in 2009, the index would now be at 16,617.82. Hard to think that hitting all new highs wouldn’t be material for market psychology and the election.

Instead, the Dow sits at 13,553.10.