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The DJIA represents average of 30 prices for what?

The Dow Jones Industrial Average (DJIA) represents the average stock prices of 30 significant publicly traded companies in the United States. These companies are leaders in their respective industries and are selected based on criteria such as market capitalization and reputation. The DJIA serves as a key indicator of the overall health of the U.S. stock market and economy.


How does the price change in one stock affect the DJIA?

In 2006, a $1 rise in the price of a component stock would raise the DJIA roughly five points, assuming prices of the other twenty-nine stocks were unchanged.


What is 1000 invested in 1966 in the DJIA worth today?

To determine the current value of $1,000 invested in the Dow Jones Industrial Average (DJIA) in 1966, we can look at the historical performance of the index. The DJIA has significantly increased over the decades, with an average annual return of around 7-10% when adjusted for inflation. As of 2023, that initial investment would be worth approximately $100,000 to $150,000, depending on the specific returns and dividends reinvested over the years. For an exact figure, one would need to check the DJIA's historical performance data from 1966 to the present.


Why are DJIA points often referred to as dollars?

r u g@y? there not dumb a$$


What do the letters DJIA mean?

DJIA stands for the Dow Jones Industrial Average, a stock market index that measures the performance of 30 large, publicly traded companies in the United States. It is one of the oldest and most widely recognized indices, serving as a key indicator of the overall health of the U.S. stock market and economy. The DJIA is price-weighted, meaning that companies with higher stock prices have a greater impact on the index's value.