DJIA - DOW JONES
Posted: Wed Feb 14, 2024 2:20 pm
The Dow Jones Industrial Average, often simply referred to as the Dow, is one of the most widely recognized stock market indices in the world. It was created by Charles Dow in 1896 and is named after both him and his business partner, Edward Jones. The Dow tracks the performance of 30 large, publicly-owned companies listed on stock exchanges in the United States, covering various sectors of the economy. These companies are considered blue-chip stocks, representing some of the most influential and financially significant companies in the U.S. The Dow is often used as a barometer for the overall health of the stock market and the broader economy, though its composition and methodology have evolved over time.