The Dow Jones Industrial Average is the Stock Market index that shows how 30 specific industrial stocks have traded.
Based on my research according to the finance section, the Dow Jones index value is 10861.16 and today that is down 1.15% which is a change of 129.62.
This was a good question as it made me learn the answer myself! Here's the link from wikipedia: http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average And here's an excerpt explaining the Index. The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA, Dow 30, or informally the Dow industrials, the Dow Jones or The Dow) is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Dow compiled the index as a way to gauge the performance of the industrial component of America's stock markets. It is the oldest continuing U.S. market index, aside from the Dow Jones Transportation Average, which Dow also created. Today, the average consists of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with heavy industry. To compensate for the effects of stock splits and other adjustments, it is currently a scaled average, not the actual average of the prices of its component stocks—the sum of the component prices is divided by a divisor, which changes over time, to generate the value of the index.
Index
The New York Stock Exchange is the largest stock exchange in the world by market capitalization. The more than 2,000 companies listed account for more than 13 trillion dollars of capital. When investors look for an indication of market trends, they generally look at one of the many market indexes used to measure market buys and sells. One of the most closely watched market indexes is the Dow Jones Index, established in 1896. It shows how 30 of the largest publicly-traded U.S. companies have traded during any given session.What are the Dow components?The Dow Jones Index includes some of the largest and most well-known companies in many sectors of the U.S. economy. The companies are a mix of historically iconic names, such as Dupont, Proctor & Gamble, Exxon Mobil and General Electric, and newer companies that are more recent corporate successes, such as Wal-Mart, Microsoft, Intel and McDonald's. Occasionally the make-up of the Dow Index changes. Companies are added or dropped as company stock prices and overall economic health decline. In 2008 for instance, Kraft Foods replaced American International Group (AIG), and, in 2009, The Travelers Companies and Cisco Systems replaced General Motors and Citigroup. When companies are replaced, the scale calculations and weighted average equations are adjusted, so the average price remains the same, and the overall Dow level does not flucuate due to the addition or removal of companies.Many of the companies included in the Dow Jones Index are considered "blue chip" stocks and, thus, good long-term investments. Why the Dow is so widely used as an indexThe 30 companies that make up the Dow Jones Index tend to trade heavily during an average trading session. That heavy trading, along with the combined volume of shares issued by these 30 companies, provides a good benchmark or indicator about what the rest of the market is doing. The idea behind the Dow index is that as the publicly-traded stocks of these powerful companies go, so goes the rest of the market. So when the news reports that the Dow Index dropped 300 points, it means that many investors sold their investments and took some of their money out of the stock market.The Dow Jones Index is based on 30 of the most stable publicly-traded companies in the market. Therefore, when the stocks of these companies fluctuate up or down, it is a good indication of how the rest of the stock market is performing. The Dow Jones Index is one of the most historically reliable indexes to indicate the health and volatility of market investments.
Dow Jones is less commonly known as Dow Jones Industrial Common. Dow Jones is a stock market index, created by Charles Henry Dow.
The Dow Jones Industrial average is a price weighted index.
The Dow Jones Industrial Average (DJIA) refers to the market index. Many traders decide the performance of the market with the help of this index. The Dow Jones and Company also publishes the Wall Street Journal. The editors of the finance journal are also in charge of maintaining the stock index as well as other Dow Jones indices. Hope this helps.
The Dow Jones Industrial Average (DJIA) refers to the market index. Many traders decide the performance of the market with the help of this index. The Dow Jones and Company also publishes the Wall Street Journal. The editors of the finance journal are also in charge of maintaining the stock index as well as other Dow Jones indices. Hope this helps.
The Dow Jones Industrial Average is the Stock Market index that shows how 30 specific industrial stocks have traded.
The DJIA index is very popular part of the stock market. The Dow Jones Industrial Average (DJIA) is the most quoted when it comes to noting how well the market is doing.
Dow Jones Industrial Average, a Stock Market index, was founded on May the 26th, 1896. It is owned by Dow Jones Indexes, who is owned by the CME group.
Rather than by shares in stocks making up the Dow Jones Average. It is possible to invest in the Dow Jones Industrial Index by purchasing an ERF or Exchange Traded Fund (DJIA). Its movement should closely follow the Dow itself.
Dow Jones Industrial Average, a stock market index, was founded on May the 26th, 1896. It is owned by Dow Jones Indexes, who is owned by the CME group.
The Dow Jones Industrial Average is the Stock Market index that shows how 30 specific industrial stocks have traded.
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Yes, the Dow Jones Industrial Index is a price weighted index.