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Essay Galaxy - The Dow Jones and Company
The Dow Jones and Company
Dow Jones & Company was founded in 1882 by Charles Dow, Edward
Jones and Charles Bergstresser. The Dow Jones Industrial Average is now
the world's most vital business and financial news and information service.
The DJIA is an index of 30 "blue-chip" US stocks. The Dow Jones Industrial
Average tracks the stock performances of about one percent of the
companies traded on the New York Stock Exchange floor. It is the oldest
continuing US market index at over 100 years. It is called an "average"
because it was originally computed by adding up stock prices and dividing
by the number of stocks. The methodology remains the same today, but the
divisor has been changed to preserve historical continuity. The DJIA is
the best-known market indicator in the world because it is old enough that
many generations o....
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Number Of Pages: 3 |
Number Of Words: 597 |
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