Dow Jones Index Fund (2)

Dow Jones TodayGoogle morphed from a simple, Stanford University search engine research project in 1996, to its current status of being the largest American company (not part of the Dow Jones Industrial Average) as of October, 2007. In the derivatives market, futures contracts include the E-mini Dow Futures (YM), the DJIA Futures (DJ) and the Big Dow DJIA Futures (DD) Options contracts with long-term expiration options called DJX LEAPS are quite popular. The above post will help in tracking the movement of Dow Jones Industrial Average in real time. Questions like how DJIA is calculated and how Dow Jones stock weightage is assigned has been discussed. Dow Jones Industrial Average, introduced in 1896, is a price-weighted index which shows the dynamics of prices of the 30 largest, well-known US companies.

PHOTO: The Dow Jones industrial average had a 1,000-point drop during the opening of trading in New York, Aug. PHOTO: A screen shows the Dow Jones Industrial Average , on the floor of the New York Stock Exchange just after the opening bell Aug. VIDEO: Dow Jones Industrial Average tumbles below the 16,000 mark on growing fears of a weakening Chinese economy.

PHOTO: A Stock trader is seen holding his head at the floor of the New York Stock Exchange when the Dow Jones dropped over 500 points, the largest decline in modern time, as panic selling swept Wall Street, Oct. PHOTO: A board on the floor of the New York Stock Exchange shows the closing number for the Dow Jones Industrial average , Feb. If our divisor remains unchanged, the calculation for the average would give us 95 ($950/10).

PHOTO: Many psychologists say they are now trying to cope with the emotional fallout from Monday’s Dow Jones Industrial Average’s largest single-day drop in nearly three years. PHOTO: Les Hinton, CEO of Dow Jones and Wall Street Journal publisher, left, stands with Rupert Murdoch, Chairman of News Corporation, during a gala launch party, April 26, 2010, in New York. Dow Jones & Co. was founded in 1882 by Charles Dow, Edward Jones and Charles Bergstresser. This means that the first Dow Jones Index included nine railroad stocks, a steamship line and a communications company. This change in price brings down the average even though there is no fundamental change in the stock.Dow Jones Today

This average eventually evolved into the transportation Average It wasn’t until May 26, 1896, that Dow split transportation and industrials into two different averages, creating what we know now as the Dow Jones Industrial Average. Charles Dow had the vision to create a benchmark that would project general market conditions and therefore help investors bewildered by fractional dollar changes. To calculate the first average, Dow added up the stock prices and divided by 11 – the number of stocks included in the index. In fact, of the initial companies included in the average, only General Electric remains as part of the modern-day average.

Dow Jones Today