The Dow Jones Industrial Average (DJIA) is an index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange (NYSE) and the NASDAQ.
| Term of the Day | Words to Know | | | | Dow Jones Industrial Average (DJIA) | The Dow Jones Industrial Average (DJIA) is an index that tracks 30 large, publicly-owned blue chip companies trading on the New York Stock Exchange (NYSE) and the NASDAQ. The Dow Jones is named after Charles Dow, who created the index back in 1896, along with his business partner Edward Jones. | Read More » | Related to "Dow Jones Industrial Average (DJIA)" | | New York Stock Exchange | The New York Stock Exchange, located in New York City, is considered the world's largest equities-based exchange in terms of total market capitalization. | Read More » | | Dow Theory | The Dow theory states that the market is trending upward if one of its averages advances and is accompanied by a similar advance in the other average. | Read More » | | Blue-Chip Stock | A blue-chip stock is a company that typically has a large market cap, a sterling reputation and many years of success in the business world. | Read More » | | Price-Weighted Index | A price-weighted index is a stock market index where each stock makes up a fraction of the index that is proportional to its value. | Read More » | | | | | CONNECT WITH INVESTOPEDIA | | | | | |
No comments:
Post a Comment