The Dow – old, yes, but hardly irrelevant in march to record

NEW YORK: ,Market professionals sometimes deride it as a relic, deeply flawed in its structure, useful mostly as the man-on-the-street's window on the stock market.

But the old man of Wall Street, the Dow Jones industrial average, has had enough kick left in its 117-year-old legs to vault to an all-time high before its major rivals. Not only that, but it has done it with arguably more tortoises than hares in its mix.