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The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ ˈ d aʊ /), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
The average was created on July 3, 1884 by Charles Dow, co-founder of Dow Jones & Company, as part of the Customer's Afternoon Letter. From its inception (until May 26, 1896), the Dow Jones Transportation Average consisted of eleven transportation -related companies: nine railroads and two non-rail companies (Western Union and Pacific Mail).
This article is a summary of the closing milestones of the Dow Jones Industrial Average, a United States stock market index. Since first closing at 62.76 on February 16, 1885, [1] the Dow Jones Industrial Average has increased, despite several periods of decline.
The Dow Jones Industrial Average is, at best, an imperfect barometer of stock market activity among a narrow band of very large US companies. It’s clunky, and too limited in scope for any Wall ...
The Dow Jones Industrial Average, also known as the Dow, is one of the most popular stock market indexes, along with the S&P 500 and Nasdaq Composite.The Dow tracks the stock performance of 30 ...
What Is the Average Rate of Return of the Dow? Over the last 10 years, the Dow has averaged an 8.58% annualized rate of return, according to S&P Dow Jones Indices.
Largest point changes. The Dow Jones Industrial Average was first published in 1896, but since the firms listed at that time were in existence before then, the index can be calculated going back to May 2, 1881. [6] A loss of just over 24 percent on May 5, 1893, from 39.90 to 30.02 signaled the apex of the stock effects of the Panic of 1893; the ...
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday, its fastest 10,000-point climb, powered by strong quarterly results and rising bets of ...
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