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Dow Jones Industrial Average

What is the Dow Jones index symbol?


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Answered 2013-02-28 05:21:24

DJI is the symbol of Dow Jones

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The lowest Dow Jones index ever was zero when it started. But it dropped to 577 on December 6, 1974, which would be come to be known as the last Bear Market bottom.


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You need at least two values to find an average between them.orThe Dow Jones Industrial Average, also called the Industrial Average, the Dow Jones, the Dow Jones Industrial, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Companyco-founder Charles Dow.


There is not really a stock symbol for the Dow Jones Industrial Average as it is simply an average composed of (and tracks) 30 different large/diverse American companies. However, there is a symbol/security that tracks the Dow Jones Industrial Average and moves in direct correlation with it, and that is "DIA". Basically speaking, if the Dow Jones goes up 1%, then the DIA will be up 1%.


Dow Jones & Company, a financial news reporting company, has a number of financial indexes. Selection of the companies whose stock prices are represented in any Dow Jones index is determined by executives at Dow Jones & Company. The most famous of the Dow Jones indexes is the Dow Jones Industrial Average, know informally as "The Dow". It is computed using the stock prices of 30 of the largest and most widely traded companies.


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The Dow Jones has been steadily rising for the passed 100 years. Only recently in 2007 it dropped from 14k to 7k in January of 2009. The Dow Jones is now back to 11k.