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dowjonesindustrialaverage

dow jones industrial average

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DOW JONES INDUSTRIAL AVERAGE - The Dow Jones Industrial Average (DJIA), or simply the Dow (), is a stock market index that shows how 30 large, publicly owned companies based in the...

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Possible Jeopardy Clues
General Motors & General Electric are among the 30 stocks in this, abbreviated DJIA
On March 3, 1998 it hit a fifth consecutive all-time high of 8,584.83 points
It includes AT&T: DJIA
National Lead was one of the 12 companies tracked by this "average" when it debuted May 26, 1896

Dow jones industrial average description
The Dow Jones Industrial Average (DJIA), or simply the Dow (), is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market. * The value of the Dow is not a weighted arithmetic mean and does not represent its component companies' market capitalization, but rather the sum of the price of one share of stock for each component company. The sum is corrected by a factor which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest U.S. market index after the Dow Jones Transportation Average, created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Currently owned by S&P Dow Jones Indices, which is majority owned by S&P Global, it is the best known of the Dow Averages, of which the first (non-industrial) was originally published on February 16, 1885. The averages are named after Dow and one of his business associates, statistician Edward Jones. The industrial average was first calculated on May 26, 1896.The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices. Although the Dow is compiled to gauge the performance of the industrial sector within the American economy, the index's performance continues to be influenced by not only corporate and economic reports, but also by domestic and foreign political events such as war and terrorism, as well as by natural disasters that could potentially lead to economic harm.

Dow jones industrial average description

The Dow Jones Industrial Average (DJIA), or simply the Dow (), is a stock market index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market.
* The value of the Dow is not a weighted arithmetic mean and does not represent its component companies' market capitalization, but rather the sum of the price of one share of stock for each component company. The sum is corrected by a factor which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest U.S. market index after the Dow Jones Transportation Average, created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Currently owned by S&P Dow Jones Indices, which is majority owned by S&P Global, it is the best known of the Dow Averages, of which the first (non-industrial) was originally published on February 16, 1885. The averages are named after Dow and one of his business associates, statistician Edward Jones. The industrial average was first calculated on May 26, 1896.The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices. Although the Dow is compiled to gauge the performance of the industrial sector within the American economy, the index's performance continues to be influenced by not only corporate and economic reports, but also by domestic and foreign political events such as war and terrorism, as well as by natural disasters that could potentially lead to economic harm.

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