Why is the Dow Jones industrial average important?

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The Dow Jones Industrial is important because it us a broad group of 30 different stocks in various sectors that give us a general snapshot of the marketplace as a whole. These include, but are not limited to, housing, energy, tech and consumer goods.
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What is the Dow Jones Industrial Average?

The Dow Jones Industrial Average is an average of 30 companies' stock and is often used as a way to determine how the stock market is doing. However, there is criticism o

When was the Dow Jones Industrial Average founded?

The Dow Jones Industrial Average was founded in May 1896. It is based on thirty large companies that trade in the US and the average is created by weighting the stock prices t

How is the Dow Jones Industrial Average calculated?

The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA , Dow 30 , INDP , or informally the Dow Jones or The Dow ) is one of several stock market indices, cr

Who were the first companies on the Dow Jones Industrial Average?

The Dow Jones Industrial Average originally began following the average of 12 companies. They were: . General Electric . American Cotton Oil Company . American Sugar Compa

Who introduced the Dow Jones Industrial Average?

Charles H. Dow (1851-1902) introduced the Dow Jones Industrial Average (DJIA) in 1896 when the market was not considered a respectable venture because of unscrupulous dealers,