Sometimes it pays to double check….
On July 5, 2022, at 8:18 am Pacific Time (11:18 am Eastern Time), Yahoo.com displayed the then current Dow Jones index as at 31,097.26, +321.88 (+1.05%). At the same time, Marketwatch.com, displayed the then current Dow Jones index as at 30,326.78, -670.48 (-2.15%). Who can you trust?
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As we have seen, not all numbers reported will always agree with other numbers.
So it pays to check with other sources.
What caught my eye about this situtation was that only a few minutes prior, Yahoo.com had reported the index being down hundreds of point. So it became obvious that there was an error in Yahoo.com’s calculations. Shortly therafter, the reported values were adjusted to match other sites.
The Point
It’s important to not rely on only one source for decision making information. That is why I always use more than one source for prices when I am ready to purchase. One never knows if and when there might be a major (or minor) error lurking.
Have you found bad data? You can let me know here.
The post Bad Data Is Bad appeared first in Smile If You Dare.