40 select stocks on the NYSE
Its named after Charles Dow and Edward Jones
Dow Jones industrial average represents 30 biggest companies in stock market which determines how is the stock market doing at that given time.
National Association of Securities Dealers Automated Quotations, began in 1971 as a way to electronically trade more than 5,000 stocks. Currently, it is home to major tech stocks, such as Microsoft, Dell, Mac.
The Dow Jones Industrial Average is a stock market index that represents 30 large, publicly traded companies in the United States. It is not tied to a specific country but is widely used as an indicator of the overall health of the U.S. stock market.
The Dow Jones Industrial Average opens at 7:30 PM IST (Indian Standard Time) and closes at 2:30 AM IST on trading days.
Rather than by shares in stocks making up the Dow Jones Average. It is possible to invest in the Dow Jones Industrial Index by purchasing an ERF or Exchange Traded Fund (DJIA). Its movement should closely follow the Dow itself.
A stock market refers to entire market of equity, either public or privately owned, for trading in the shares, stocks, derivatives of the various companies."The stocks are listed and traded on stock exchanges which are entities a corporation or mutual organization specialized in the business of bringing buyers and sellers of the organizations to a listing of stocks and securities together" , like NASDAQ, BSE, DOWJONES, London Stock Exchange etc.