Dow Jones Transportation Average


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Dow Jones Transportation Average

A stock market index founded in 1884 by Charles Dow tracking (usually) 20 companies in the transportation industry. 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. It includes stocks in shipping, airlines, trucking, railroads, and similar industries. It is the oldest actively used stock index in the world.

Dow Jones Transportation Average.

The Dow Jones Transportation Average tracks the performance of the stocks of 20 airlines, railroads, and trucking companies. It is one of the components of the Dow Jones 65 Composite Average.

References in periodicals archive ?
DIS (3) The 20 stocks of the Dow Jones Transportation Average are (as of January 2011):
The Dow Jones Transportation Average retreated 1.1 per cent.
The Dow Jones Transportation Average is up 1.08 percent and the Dow Jones U.S.
Dow Jones Transportation Average. This index is comprised of 20 airlines, railroads, and trucking companies.3 Each stock in the Dow Jones Transportation Average represents 1/20th of the overall average.
DIS (3) The 20 stocks of the Dow Jones Transportation Average are (as of January 2010): Company Stock Symbol Alexander & Baldwin, Inc.
The Dow Jones Transportation Average retreated the most in two months as oil prices rose to an eight- month high.
Dow Jones Indexes on Tuesday announced that the Alaska Air Group Inc (NYSE:ALK) will be added to the Dow Jones Transportation Average.
The Dow Jones Transportation Average gained 1.06 percent for the day as transportation stocks lift the broad market.   Utilities are also performing well today as the Dow Jones U.S.

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