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it is a barometer of Stock Market trends based on the stock prices of thirty large U.S. corporations listed on the NYSE.

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14y ago

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What is the purpose of the Dow Jones Industrial Average (DJIA) and how does it impact the financial markets?

The purpose of the Dow Jones Industrial Average (DJIA) is to provide a snapshot of how the stock market is performing by tracking the stock prices of 30 large, publicly traded companies. It is used as an indicator of the overall health of the economy and can influence investor confidence and market trends. When the DJIA goes up, it can boost investor sentiment and lead to increased investment, while a drop in the DJIA can cause uncertainty and potentially trigger market sell-offs.


How do you buy a share of the Dow Jones average?

Up until recently, it was impossible to buy a share of the Dow Jones Industrial Average (DJIA). The average consists of 30 companies, so an investor who wanted to mimic the returns of the DJIA would have to buy shares of all 30 companies in proportion to their weighting in the average and continually rebalance their portfolio based on the weighting each company was given in the DJIA. Today, with the advent of ETF's an investor can invest in the DIA, the State Street Global Advisor SPDR of the Dow Jones Industrial Average. The DIA ETF seeks to provide investment results that, before expenses, generally correspond to the price and yield performance of the DJIA.


How many companies make up the Dow Jones overall?

Thirty companies make up the Dow Jones Industrial Average, including prestigous companies such as American Express, Bank of America, ExxonMobil and Home Depot.


You have stock how do you know if it is Dow or nasdaq stock?

You can determine if a stock is part of the Dow Jones Industrial Average (DJIA) or the NASDAQ by checking its listing. The DJIA consists of 30 large, well-established companies, primarily from industrial sectors, while the NASDAQ is an exchange that hosts a wider range of companies, including many in technology. Typically, you can find this information on financial news websites, stock market apps, or by looking up the stock's profile on a brokerage platform. Additionally, stocks listed on the NASDAQ will have the ticker symbol format that ends with a letter (like "AAPL" for Apple), while DJIA stocks are often referred to by their company names or ticker symbols without a specific exchange identifier.


How many companies make their own water heater?

This would depend on which country you live in, some have no companies and others may have up to twenty.


What are some companies that make expensive scarves for wealthy women?

There are many companies that make expensive designer scarves for wealthy people, or more specifically women. An example of such companies would be James Mortonties, Tied Up Custom and Barnard Maine.


What was the Dow Jones closing price on Aug 9 2010?

The DJIA closed at 10,698.75, up 45.19 from previous close.


Where can one purchase an illuminated make up mirror?

Illuminated mirrors can be purchased from many companies on the internet. A few companies that stock illuminated mirrors online include eBay, Amazon and Walmart.


How many cows does it take to make a leather car interior?

at the very least, 4. Some car companies can use up to 15


What is the percentage change in the Dow Jones industrial average year to date?

As of December 10, 2010, the DJIA is up 9.42% year-to-date.


What type of companies make up the salty snack foods industry?

Numerous companies of varying size make up the snack industry. Many compete only on a regional level, although some find it difficult to price their products competitively with the larger manufacturers. Others, however, create a market niche


How many make up brands are there?

There is actually no accurate answer for that. I do know that there might be over 500 to 1000 different line of make-up brand worldwide, and still counting. People could stick to the old brands but there are other companies who are eager to improve make-up and it's quality.