What is Dow Jones? । The Dow Jones Industrial Average । Dow Jones
Overview: Dow Jones Industrial Average (DJIA)? The oldest and most widely recognized stock market is the Dow Jones Industrial Average. It was created by " Charles Dow" and " Edward Jones" in 1896 and is made up of 30 blue-chip stocks of large, publicly traded companies in the United States. The Dow is sometimes used to gauge the overall health of the U.S. stock market and the broader economy. As such, it is closely followed by investors, analysts, and financial professionals around the world. What is the Dow Jones? The Dow Jones Industrial Average is a price-weighted index, which means that the stocks with the highest prices have the greatest influence on the index's movements. This is different from other indexes, such as the S&P 500 , which is weighted based on the market capitalization of its component companies. The Dow's 30 component stocks are selected by the editors of The Wall Street Journal , based on criteria such as their size, reputatio...