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The DOW only represents 30 companies in the US they are the elite that every other company is measured up to.

When the DOW moves up or down other companies follow along just because they are more or less the leaders and playing the school yard game of follow the leader is still in effect even in the stock market.

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Q: What happened when the Dow Jones industrial average dropped?
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Related questions

Business conditions are poor stock prices have dropped and the Dow Jones Industrial Average is down indicating a market?

bear


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.


What is the symbol for Dow Jones Industrial Average in Scottrade system?

The symbol for the Dow Jones Industrial Average in the Scottrade system is DJI or $DJI


What date did the Dow Jones Industrial Average first close over 500?

The Dow Jones Industrial average first opened in 1896


What was the Dow-Jones Industrial Average just before and just after the 1929 stock market crash?

Dow Jones Industrial Average closed at 381.17 on Sep 03, 1929Dow Jones Industrial Average closed at 230.07 on Oct 29, 1929


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.


Is The Dow Jones Industrial Average a market value weighted or price weighted index?

The Dow Jones Industrial average is a price weighted index.


When was the Dow Jones Industrial Average introduced?

Charles H. Dow (1851-1902) introduced the Dow Jones Industrial Average (DJIA) in 1896


When was Dow Jones Industrial Average created?

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 to get a realistic overal value.


What happened when the Dow Jones Industrial Average began to drop sharply in late October 1929?

investors raced to get their money out of the stock market


What did the Dow Jones industrial average close at?

10027


What was the opening price of Dow Jones Industrial Average on Dec 17, 2018 in the format of?

What was the opening price of Dow Jones Industrial Average on Dec 17, 2018 in the format of$?