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Dow Jones Industrial Average
Simply known as the Dow, refers to a stock market index showing how 30 publicly held companies in the US trade during a trading session. It is owned by the CME Group, with majority ownership over the Dow Jones Indexes.
572 Questions
What is the ticker symbol for gold futures?
GCA is active 100oz COMEX contract. Use this to figure out specific expiration dates.
When did the Dow Jones Industrial Average go over 10000 for the first time?
March 29, 1999 pch answer order: 28-Mar-99
Chart of the DOW Industrial Average from January 2005 to November2008?
http://finance.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chdet=1226523600000&chddm=367277&q=INDEXDJX:.DJI&ntsp=0
What is the importance of globalization?
Globalization causes prices of products to go down. Businesses can have their workforce in another country, and pay them less. Because it is cheaper to make those products elsewhere the consumer can purchase these products for really low prices. This helps people in other countries buy what used to be expensive items, for really cheap.
What is the largest percentage gain in Dow Jones Average history?
On March 15, 1933, the Dow rose from 53.84 to 62.10, for a percentage gain of 15.34%. That is the largest gain in percentage terms since the creation of the Dow in 1896.
What are the largest drops in Dow?
Be aware that the percentage of loss is more important that the actual dollar loss. (Think of it this way; If everyone lost 1 percent of their money, and you had a thousand dollars, that would be 10 dollars. If you had 100 million dollars, it would be 1 million dollars. To the guy who has 1,000, that seems staggering, but in reality, it is not. So it is with the Dow Jones. Example The great crash in 1929 was only 68.9 points over two days; but that's a loss of 24.5%). The greatest single day loss in points was September 29, 2008 (777.68 points, 6.98%) The greatest single day loss in percentage was October 19, 1987 (508 points, 22.61%) And yet we're still here! The world hasn't ended! As you can see, the recent drop looks huge, and is huge, but does not compare to the crash of 1929. Note that the loss of 1987 was recovered by January of 1989.
What does it mean when the Dow goes down in points?
(very simplified answer to a complex area)
The Dow indices and others represent valuation of a set basket of company stocks. Hypothetically, is a company's worth were entirely in its public stock shares, and the company had 10000 shares in the public domain priced at $100 per share, the company's perceived value is 10000*100 or $1,000,000 (a million dollars).
As with other commodities, when many wish to sell but few wish to buy, the selling price see downward pressure, and vice versa.
So for a down day, pressure was being seen in the sell direction, theoretically indicating less confidence in the product for any number of possible reasons.
So, during such a sell off, as the price paid (effectively for representative pieces of companies) drops, the value of those companies is diminished.
The general hope is that with increases in worker productivity and sales, a company's net worth will increase in the long run, on average. This is the pattern seen in the stock market indices over the past decades.
The "Dow" is the Dow Jones Industrial Average which consists of 30 of the largest and most widely held public companies in the United States. It is the second-oldest U.S. market index (after the DJ Transportation Average) and is the most oft cited for stock market performance in the U.S.
The Dow Jones Average is Down 15 Dollars What does this phrase mean in laymans term?
Not very much. Sad but true. They calculate the Dow by adding together the prices of the 30 stocks that comprise the Dow Jones Industrial Average, then dividing by a figure that's SUPPOSED to linearize the DJIA. It takes into account things like stock splits. Right now, the divisor is below one, so the DJIA is higher than the combined stock prices of the 30 companies in the DJIA. The DJIA is generally held as an indicator of the health of the market. There are better indices--the Standard & Poor's 500 is a good one--but the Dow is traditional.
Dow 10,917.51 -504.48 (-4.42%)
What is the average annual rate of return for the DJIA over the past 25 years?
What is the average annual rate of return for the DJIA over the past 25 years
What are the 30 companies used in computing the Dow Jones average?
3M
Alcoa
American Express
AT&T T
Bank of America
Boeing
Caterpillar
Chevron Corporation
Citigroup
Coca-Cola
DuPont
ExxonMobil
General Electric
General Motors
Hewlett-Packard
Home Depot
Intel
IBM
Johnson & Johnson
JPMorgan Chase
Kraft Foods
McDonald's
Merck
Microsoft
Pfizer
Procter & Gamble
United Technologies Corporation
Verizon Communications
Walmart
Walt Disney
What time each day does the Asian stock market open and close for trading?
First of all, there is no single Asian stock market. But here are some examples of Asian stock markets and the time they open. The Hong Kong Stock Exchange opens at 10:00 am, closes at 2:30 pm and re-opens at 4.00 pm, in New York time. The Bombay Stock Exchange opens at 09:55 am. The Tokyo Stock Exchange opens at 09:00 am, closes at 11:00 am, and re-opens at 12:30 pm.
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What is highest point the stock market has reached?
Karachi Stock Exchange
By 15 June 2013, KSE 100 index hit unbelievable record of 23,097 points
