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The Dow Jones Average is Down 15 Dollars What does this phrase mean in laymans term?
Wiki User
∙ 15y ago
Not very much. Sad but true. They calculate the Dow by adding together the prices of the 30 stocks that comprise the Dow Jones Industrial Average, then dividing by a figure that's SUPPOSED to linearize the DJIA. It takes into account things like stock splits. Right now, the divisor is below one, so the DJIA is higher than the combined stock prices of the 30 companies in the DJIA. The DJIA is generally held as an indicator of the health of the market. There are better indices--the Standard & Poor's 500 is a good one--but the Dow is traditional.
Wiki User
∙ 15y ago
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Is Quincy Jones rich?
Yes he is he has 300 Million dollars Hope this helps
How many stocks comprise the Dow Jones?
The Dow Jones Industrial Average is a scaled average of the thirty (30) most widely-held stocks in America.
What was Dow Jones average January 1 2007?
12,463.00
What was the dow Jones average January 2 2000?
13000
What was Dow Jones average on January 1 2012?
11,100
What is Meant by The Statement The Market is Down 15 Points?
The Dow Jones Average is Down 15 Dollars
When was Dow Jones Transportation Average created?
Dow Jones Transportation Average was created in 1884.
When was Dow Jones Utility Average created?
Dow Jones Utility Average was created in 1929.
Who is the Oldest stock average index used today?
Dow Jones Transportation Average - started in 1884 as the Dow Jones Railroad Average
How many companies make Dow Jones indutrial average?
there are 13,000 compenies listed on Dow Jones.
What does the abbreviation Dow Jones mean?
I don't think Dow Jones has an abbreviation, however, Dow Jones Industrial Average is DJI or DJIA. Global Dow Jones Industrial Average is INDEXDJX:.DJI.
The number of stocks in the Dow Jones Industrial Average was increased to what number?
There are 30 stocks in the Dow Jones Industrial Average.
Who came up with the phrase real men wear pink?
Randell jones
What does Indiana Jones say all the time?
He doesn't exactly have a catch phrase
Who is the Jones in the Dow Jones?
The Dow Jones Industrial Average was created on May 26, 1896 and is named after Charles Dow and Edward Jones.
How long has Dow Jones been around?
In 1884, Charles Dow created the Dow Jones Average. The Dow Jones Industrial Average was then created by the same man in May of 1886. The average was made up of 12 stocks.
Where did the phrase basketball Jones come from?
Basketball Jones is a song made by cheech and chong in the late 70's or early 80's
