What does the Dow Jones industrial average mean?

What does Dow Jones Industrial Average mean? The Dow Jones Industrial Average (DJIA), or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time.

What is the Dow Jones Index?

A stock market indexfounded in 1896 by Charles Dow tracking 30 companies in various industries thought to be representative of the American economy. It is a price-weightedindex, meaning that stockswith higher prices per shareaffect the average more. It also scalesits averages to account for stock splitsand other changes in the companies tracked.

What is the Dow Jones industrial average (DJIA)?

The Dow Jones Industrial Average (DJIA), or simply the Dow (), is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time. These 30 companies are also included in the S&P 500 Index.