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Dow Jones Industrial Average

The Dow Jones Industrial Average, also known as the Dow Jones or simply the Dow, is a stock market index that measures the performance of 30 large, publicly traded companies based in the United States. It was first calculated in 1896 by Charles Dow, the co-founder of Dow Jones & Company, and is considered one of the oldest and most widely followed equity indices in the world. Continue Reading Below

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Discover the definition of financial terms related to dow jones industrial average.

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How to Unlever Beta: Formula & Examples

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About Dow Jones Industrial Average

The Dow Jones Industrial Average, also known as the Dow Jones or simply the Dow, is a stock market index that measures the performance of 30 large, publicly traded companies based in the United States. It was first calculated in 1896 by Charles Dow, the co-founder of Dow Jones & Company, and is considered one of the oldest and most widely followed equity indices in the world. The companies included in the index are selected by the editors of the Wall Street Journal and are meant to reflect the overall health of the US stock market. The Dow is a "price-weighted" index, meaning the component stocks are weighted based on their stock price rather than market capitalization.