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History Of The Dow Jones Industrial Average

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The Dow is known as the best index of stocks in the United States. The Dow is a price-weighted mean of 30 commonly used stocked traded on the New York Stock Exchange. The Dow, is known as a barometer that shows how shares involved in the largest US companies are doing (“Definition of ‘Dow Jones Industrial Average’”). The Dow Jones Industrial Average is abbreviated as DJIA, and originated from Charles Dow in the year of 1896. The system started with only 11 stocks and later grew into the market that is today (“Dow Jones Industrial Average – DJIA). The Dow is a price-weighted standard of traded blue chip stocks. Wall Street Journal chooses which 30 stocks belong in the Dow, which is a ritual that started at the birth of the Dow. It uses

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