Other variants of its name are dow 30 the dow dow jones industrial or just dow jones. Yet very few people actually know what that the number represents just 30 companies.

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Global stocks soared friday and reversed the big losses they suffered just a day earlier.

Dow jones for dummies. Dummies guide to the dow jones. Dow jones is a major stock market index in the usa. The most famous stock market barometer is the dow jones industrial average djia.

Charles dow who launched the index in 1896 originally took the price of one share of each company s stock added the numbers up and divided by the number of companies. The dow is price weighted and tracks a basket of 30 of the largest and most influential public companies in the stock market. How the changing market affects you.

The dow jones industrial average djia is perhaps the most widely followed stock market index in the world. The barometer of america s stock market the dow jones industrial average is getting a makeover. The following history and explanation of the djia will help you become one of the few people who actually know what it means when you hear the dow discussed in the nightly news.

The average when the index launched was 40 94 a quaint little number compared with monday s close of 9 387 61. Its full name is dow jones industrial average index and it has been tracking the performance of the stock market for the last several hundred years. When someone asks how the market is doing most investors quote the djia simply referred to as the dow.

The dow jones industrial average rallied 746 points in the latest twist in a wild three months for markets jan. It s the index s biggest change in almost a decade. Alcoa bank of america and hewlett packard are being dropped from the index of america s 30 top companies and replaced by goldman sachs nike and visa.

The dow 30 index. Many people call it differently but they all have in mind the index.