10 Facts about Dow Jones

Wednesday, November 16th 2016. | Economy

Facts about Dow Jones will elaborate the detail information about the DJIA or Dow Jones Industrial Average. People simply call it the Dow Jones, the Dow, the Dow 30 or even the Industrial Average. On 26 May 1896, the industrial average was first calculated in Dow Jones. Charles Dow takes the credit as the creator of Dow Jones. Get other interesting information about Dow Jones below:

Facts about Dow Jones 1: who is Charles Dow?

Have you ever heard about Charles Dow? He co-founded the Dow Jones & Company and the editor of Wall Street Journal.

Facts about Dow Jones 2: the owner of Dow Jones

Who is the owner of Dow Jones? This stock market index is owned by S&P Dow Jones Indices. Get facts about debt here.

charles dow

charles dow

Facts about Dow Jones 3: the name of the stock market

The name of the stock market is taken from the name of Charles Dow and Edward Jones. Jones was a statistician who became the business associate of Dow.

Facts about Dow Jones 4: the age of Dow Jones

Dow Jones is old enough as a market index. The Dow Jones Transportation Average takes the first oldest US market index, while the Dow Jones takes the second oldest one. Dow created both of them.

dow jones

dow jones

Facts about Dow Jones 5: the importance of Dow Jones

Dow Jones is an important market index in United States because it shows the compilation related to the measurement of industries in the economy of United States.

Facts about Dow Jones 6: the performance of Dow Jones

There are several factors, which may influence the performance of Dow Jones’s index. They include the natural disasters, terrorism, war, domestic political events, foreign events, economic reports and corporate reports. Check facts about credit score here.

facts about dow jones

facts about dow jones

Facts about Dow Jones 7: the components

The beginning of Dow Jones was on 26 May 1896. Dow Jones has changed its components 51 times.

Facts about Dow Jones 8: the longest presence

The longest continuous presence on Dow Jones is taken by General Electric.

dow jones company

dow jones company

Facts about Dow Jones 9: some of the changes

The Travelers Companies and Cisco Systems replaced General Motors and Citigroup in the index on 8 June 2009. Alcoa, Bank of America, and Hewlett-Packard were replaced by Goldman Sachs, Nike, and Visa on 20 September 2013.

Facts about Dow Jones 10: AT&T

AT&T, which had been a component of the index since 1916, was replaced by Apple on 19 March 2015.

Dow Jones Diagram

Dow Jones Diagram

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