The Dow Jones And Company
Beginning of paper
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 trac ....
Middle of paper
.... of the
stocks in his average and divided by the number of stocks. But over time
the divisor has been changed to preserve historical continuity. If the Dow
were an average,as it once was,it would be determined with simple math
skills:by adding up the prices of its companies shares,dividing that by
thirty. But the stock market can sometimes be to hectic for basic math.
The most frequent reason for this is a stock split. Suppose a company in
the DJIA issues one new share for each share outstandin ....
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