IS THE DOW
Updated 21 days ago
- Age: 129 years
- ID: 7164496/156
That's the Dow Jones Industrial Average to be precise. Have you ever wondered where the name Dow Jones comes from? Well, it's actually named after Charles Dow and his associate Edward Jones. They founded the Dow Jones & Company in the late 19th century and the Dow Jones Industrial Average (DJIA) was created in 1896 as a way to track the performance of the US stock market...
So, what exactly is the DJIA? It's a price-weighted index, which means that it's calculated based on the stock prices of its 30 component companies. However, the value of the Dow is not actually the average of the prices of these stocks. Instead, it's the total of the stock prices divided by a divisor, which changes whenever one of the component stocks has a split or dividend...
Check if the markets are up or down today. Is the Dow up or down checker for DJI, ^DJI, and DJI. See if the US market are up today.