Investments & Financial Planning
What is the Dow Jones Average ?
Answer:
The Dow Jones Average is comprised of the Dow Jones Industrial Average (DJIA), the Down Jones Transportation Average (DJTA) and the Dow Jones Utility Average (DJUA). Currently, there are 30 industrial stocks in the Dow Jones Industrial Average, which represents about one-fifth of the value of all U.S. Stocks.
The Dow Jones Transportion Average includes 20 stocks and there are 15 stocks in the Dow Jones Public Utitliy Average.
The composite average includes these 65 stocks collectively. The Dow companies are weighted by stock price instead of capitalization, and thus companies of different sizes get the same weighting if their stock price is the same. Dow Jones Average is the best known U.S.index of stocks. It contains 30 stocks that trade on the New York Stock Exchange.
The Dow Jones Average is a barometer of how shares of the largest U.S.companies are performing.
There are thousands of investment indexes around the world for stocks, bonds, currencies and commodities
The Dow Jones Transportion Average includes 20 stocks and there are 15 stocks in the Dow Jones Public Utitliy Average.
The composite average includes these 65 stocks collectively. The Dow companies are weighted by stock price instead of capitalization, and thus companies of different sizes get the same weighting if their stock price is the same. Dow Jones Average is the best known U.S.index of stocks. It contains 30 stocks that trade on the New York Stock Exchange.
The Dow Jones Average is a barometer of how shares of the largest U.S.companies are performing.
There are thousands of investment indexes around the world for stocks, bonds, currencies and commodities
