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But while the event will surely be heavily covered by the media today, its long-term impact is less important for stocks than it is for the ability of the Dow to survive as a relevant yardstick of the market.
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Data quality does not exist in a vacuum, a reviewer needs to know in what context a data set is to be used in order to establish a relevant yardstick for judging whether or not the data is acceptable.
Exhaustion has become a yardstick of measuring a meaningful life.
A p/e ratio provides a crude yardstick of investor optimism.
For instance, they have long used the number of patients given antiretroviral drugs as a major yardstick of success.
Furthermore, ASA grade can be a poor yardstick of general health.
And more than a few reflect the unstinting businessman: "Be a yardstick of quality.
He once said: Be a yardstick of quality.
It also illustrates the limitations of growth as a yardstick of economic progress.
To Russians, America is a yardstick of their own place in the world.
Value-at-risk is a yardstick of the amount of losses that could be experienced in one trading day.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com