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 ?
Alaska Air Group will replace AMR Corp (NYSE:AMR), which yesterday filed for Chapter 11 bankruptcy protection and will be removed from the 20-component Dow Jones Transportation Average.
TRANSPORT SURGE: The Dow Jones transportation average rose 1.
Our stock is traded on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average.
CHICAGO -- Today, Zacks Investment Ideas feature highlights Features: SPDR S&P Metals & Mining (NYSE: XME), PowerShares Dynamic Pharmaceuticals (NYSE: PJP), IiShares Dow Jones Transportation Average (NYSE: IYT), ING FMR Diversified Mid Cap (MUTF: IFDTX) and Gabelli Value A (MUTF: GABVX).
That predecessor of what is today the Dow Jones Transportation Average was originally named the Dow Jones Railroad Average.

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