The Dow Jones Industrial Average (DJIA), often referred to simply as "the Dow," is a key indicator of the stock market's performance in the United States. In this comprehensive guide, we will delve into what the DJIA is, how it works, its history, and its significance in the financial world. What is the DJIA Index? The DJIA is a stock market index that tracks the performance of 30 large, publicly-owned companies listed on stock exchanges in the United States. These companies are leaders in their respective industries and are considered representative of the broader economy. History of the DJIA The DJIA was created in 1896 by Charles Dow and Edward Jones, co-founders of Dow Jones & Company. Originally comprising just 12 industrial companies, the index has since expanded to include 30 diverse companies from various sectors. Components of the DJIA The companies included in the DJIA are selected by the editors of The Wall Street Journal, which is owned by Dow Jones & ...
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