Dow Jones Industrial Average Stocks & Companies | Defiinition

Dow Jones Industrial Average

Dow Jones Industrial Average Stocks & Companies

A popular gauge of the stock market based on the average closing prices of active representative stocks, as published by Dow Jones & Co. since July 3, 1884. The Dow or DJIA is the best known barometer of the market for shares of the largest US companies.

Covers 30 major industrial companies traded on the New York Stock Exchange (NYSE). The Dow represents about 25% of the NYSE market capitalization and less than 2% of NYSE issues. It is a price-weighted arithmetic average, with the divisor adjusted for stock splits. The index is calculated on both a price change and a total return basis.


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