Dow Jones
Forbes.com: Financial services industry News
Financial services industry news from Forbes.com
last updated: Feb 11 2012 5:56 AM
- Wall Street's Honest Man
With straight talk and conservative investments Travelers' Jay Fishman sailed through the WORST. Now a muni-bond upheaval threatens his success.
- The Best Stocks Of 2010
In a good year for investors, these issues led the charge higher.
- America's Best And Worst Banks
Overall the sector is healthier, but many small banks are struggling. Forbes crunches the numbers to find the strongest and those on shaky ground.
The Dow Jones Industrial Average (NYSE: DJI, also called the DJIA, Dow 30, INDP, or informally the Dow Jones or The Dow) is one of several stock market indices, created by nineteenth-century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It is an index that shows how certain stocks have traded.[1] Dow compiled the index to gauge the performance of the industrial sector of the American stock market. It is the second-oldest U.S. market index, after the Dow Jones Transportation Average, which Dow also created.
The average is computed from the stock prices of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with traditional heavy industry. The average is price-weighted.
The average is computed from the stock prices of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with traditional heavy industry. The average is price-weighted.
