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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
The Hilton. This hotel was incorporated in 1946
What was the closing price on the Dow Jones December 31 2008?
The Dow Jones closed at 8,776.39 on December 31, 2008.
Any stock of the Dow Jones Index of couse has to be of a major size compared to most of the stocks in the S&P 500. Another criterion is the final combination of the stocks. The comanies have to be as representative as possible for the US economy. That also why Bank of America an Chevron replaced Altria and Honeywell earlier this year. Dow Jones & Co. ist still responsible for the composition of the DJIA.
the editors of the Wall Street Journal decide what companies are included in the Dow Jones Industrial Average
What is the largest percentage loss in Dow Jones history?
Largest single day loss: 'Black Monday' October 19, 1987: 22.6%
Largest total loss: Great Depression, September 3, 1929 to July 8, 1932: 89.2%
The Dow Jones bottom in 1932 erased 36 years of gain, and it took 22 years (until 1954) to again reach the levels of its 1929 peak.
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When was the last time the Dow Jones was below 10000 points?
Today - October 6, 2008 - was the first time the Dow Jones was below 10,000 points since October 26, 2004.
Is The Dow Jones Industrial Average a market value weighted or price weighted index?
The Dow Jones Industrial average is a price weighted index.
What was the Dow Jones average at Bill Clinton's first Inaugaration?
djindexes.com/mdsidx/downloads/xlspages/DJIA_Hist_Perf.xls
shows the DJIA low of 1993 was on Inauguration Day, Jan 20, closing at 3,241.95.
Yahoo Finance shows the DJIA opened on Clinton's Inauguration Day at 3255.99.
In addition to a budget surplus, William Jefferson Clinton left George Walker Bush with a DJIA of 10,587.59. That's a return of 226% or 15.9% annually.
Clinton continues to get 0 credit from the media and the Republicans and the public in general for these fine achievements. In fact the Democrats lost the House, including Speaker of the House Tom Foley as a thank you for their act in 1993 which led to the balanced budget, which kept interest rates low throughout the 1990s, enabling this bull run.
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.
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 is the symbol for Dow Jones Industrial Average in etrade?
I was just doing some research and you can buy an ETF that tracks the DJIA, such as SPDR Down Jones Industrial Average ETF, ticker symbol: DIA
How many trading days in a year for the Dow Jones industrials?
It depends on the number of business days we have in the year.
Usually the exchange is closed on:
- Saturdays & Sundays
- National Holidays like Christmas, New Year etc
On all remaining business days the Dow Jones is open for trading
When the Dow Jones Industrial Average began to drop sharply in late October 1929?
Investors raced to get their money out of the stock market.
Who introduced the Dow Jones Industrial Average?
Charles H. Dow (1851-1902) introduced the Dow Jones Industrial Average (DJIA) in 1896 when the market was not considered a respectable venture because of unscrupulous dealers, massive speculation, and the lack of information.
How does one read the Dow Jones stock exchange?
As you might have guessed, calculating the DJIA today isn't as simple as adding up the stocks and dividing by 30. Dow lived in times when stock splits (To learn more, see What is a stock split? Why do stocks split?) and stock dividends weren't commonplace, so he didn't foresee how these corporate actions would affect the average. For example, if a company trading at $100 implemented a 2-for-1 split, the number of its shares doubles, and the price of each share becomes $50. This change in price brings down the average even though there is no fundamental change in the stock. To absorb the effects of price changes from splits, those calculating the DJIA developed the Dow divisor, a number adjusted to account for events like splits that is used as the divisor in the calculation of the average. How Does the Dow Divisor Work? To calculate the DJIA, the current prices of the 30 stocks that make up the index are added and then divided by the Dow divisor, which is constantly modified. To demonstrate how this use of the divisor works, we will create a mock index, the Investopedia Mock Average (IMA). The IMA is composed of 10 stocks, which total $1,000 when their stock prices are added together. The IMA quoted in the media is therefore 100.00 ($1,000/10). Note that the divisor in our example is 10. Now, let's say that one of the stock in the IMA average trades at $100 but undergoes a 2-for-1 split. Its price then reduces to $50. If our divisor remained unchanged, the calculation for the average would give us 95.00 ($950/10). This would not be accurate because the stock split merely change the price, not the value of the company. To compensate for the effects of the split we have to adjust the divisor downward to 9.5. This way, the index remains at 100.00 ($950/9.5) and more accurately reflects the value of the stock in the average. If you are interested in finding the current Dow divisor, you can find it at the website of the Dow Jones Indexes and the Chicago Board of Trade. And How Does the DJIA Number Translate into a Dollar Value? To figure out how a change in any particular stock affects the amount the index changes, up or down, divide the stock's price change by the current divisor. For example, if General Electric was up $5, divide 5 by 0.14418073, which equals 34.68. Thus, if the DJIA was up 100 points on the day, GE was responsible for 34.68 points of the move. Conclusion The DJIA's methodology of calculating an index is known as the price-weighted method. On top of having to deal with stock splits, the downside to this method is that it does not reflect the fact that a one dollar change for a $10 stock is much more significant (percentage wise) than a one dollar change for a $100 stock. Because of price-weighting's associated problems, most all other major indexes such as the S&P 500 are market-capitalization weighted That being said, despite all the shortcomings, the Dow is still one of the most watched indicators of stock market performance. by Investopedia Staff, (Contact Author | Biography)
Do you use apostrophe when you say the Jones live here. The Jones or The Jones's?
Neither of these. The plural of Jones is Joneses: "The Joneses live here" or "The Jones family lives here".
28-Mar-99
What is Dow Jones stocks about?
The Dow Jones Industrial Average (DJIA) refers to the market index. Many traders decide the performance of the market with the help of this index. The Dow Jones and Company also publishes the Wall Street Journal. The editors of the finance journal are also in charge of maintaining the stock index as well as other Dow Jones indices.
Hope this helps.
Dow Jones trading on Columbus Day?
No, it is closed for Columbus Day. Wrong. The NYSE and Nasdaq are both open for trading on Columbus Day, Oct 13 2008. You can find info on their websites concerning all holiday closures.
