Dow Jones Industrial Average

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Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. The Dow, as it is called, is a barometer of how shares of the largest US companies are performing. There are hundreds of investment indexes around the world for stocks, bonds, currencies, and commodities.

Dow Jones Industrial Average

A stock market index founded in 1896 by Charles Dow tracking 30 companies in various industries thought to be representative of the American economy. It is a price-weighted index, meaning that stocks with higher prices per share affect the average more. It also scales its averages to account for stock splits and other changes in the companies tracked. All stocks tracked in the DJIA are traded on either the New York Stock Exchange or NASDAQ. It is considered the premier securities index in the United States.

Dow Jones Industrial Average (DJIA).

The Dow Jones Industrial Average (DJIA), sometimes referred to as the Dow, is the best-known and most widely followed market indicator in the world. It tracks the performance of 30 blue chip US stocks.

Though it is called an average, it actually functions more like an index. The DJIA is quoted in points, not dollars. It's computed by totaling the weighted prices of the 30 stocks and dividing by a number that is regularly adjusted for stock splits, spin-offs, and other changes in the stocks being tracked.

The companies that make up the DJIA are changed from time to time. For example, in 1999 Microsoft, Intel, SBC Communications, and Home Depot were added and four other companies were dropped. The changes are widely interpreted as a reflection of the emerging or declining impact of a specific company or type of company on the economy as a whole.

References in periodicals archive ?
This combination of passive and active value management led the Strong Dow 30 Value Fund to a total return of 17.
Disney is a Dow 30 company and had annual revenues of over $38 billion in its last fiscal year.
Disney is a Dow 30 Company, had annual revenues of over US$36 billion in its most recent fiscal year, and a market capitalization of US$70.
Juniper Group (JUNP:OB) announced today that its wholly-owned telecommunications subsidiary has qualified to become a vendor for one of the nation's industry leaders, a Dow 30 company serving more than 91.
Disney is a Dow 30 company that had annual revenues of over $36 billion in its last fiscal year.
The Walt Disney Company (NYSE:DIS), together with its subsidiaries and affiliates, is a diversified international family entertainment enterprise with five business segments and is a Dow 30 company with revenues of nearly $38 billion in its most recently reported fiscal year.
The Dow 30 dropped more than 2 percent while the S&P VIX jumped up to 21 percent from a two and a half month low on renewed concern over the health of the financial sector as another (small) US bank succumbed to the credit crunch.
Disney is a Dow 30 company, had annual revenues of more than $35 billion in its most recent fiscal year, and a market capitalization of nearly $59 billion as of March 19, 2008.
The chart of the Dow 30 suggests to us that we may see a test near the 13,000 level that could coincide with a move in the OB/OS to the -200 range.
NEW YORK -- ARjENT analyst, Guy Ortmann, issued a report today stating that, following the recent 1,000 point rally in the Dow 30, some of his data points are suggesting a near term drop in the equity markets is likely.
a Dow 30 company, is a leader in delivering broadband and other wireline and wireless communication innovations to mass market, business, government, and wholesale customers.