DowIndustrials.com was created to allow investors to easily track the Dow 30 in one easy to find place.
Contributors
Justin Kuepper - A veteran of financial media and active trading, Justin is the chief editor of DowIndustrials and conveys news and information in a quick and easy-to-understand manner.
Thom Buschman - Assistant editor and long-term investor, Thom brings a lot of fundamental analysis and industry contacts to create engaging stories on DowIndustrials.
Jacob Taylor - Contributor and active trader Jacob brings over 10 years of investing and trading experience to the table.
Dow Industrials Overview
The Dow Jones Industrial Average (NYSE: DJI), also called the DJIA, Dow 30, or informally the Dow Jones or The Dow) is one of several stock market indices created by nineteenth century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Dow compiled the index as a way to gauge the performance of the industrial component of America’s stock markets. It is the second oldest continuing U.S. market index, after the Dow Jones Transportation Average, which Dow also created.
Today, the average consists of 30 of the largest and most widely held public companies in the United States. The “industrial” portion of the name is largely historical—many of the 30 modern components have little to do with heavy industry. The average is price-weighted. To compensate for the effects of stock splits and other adjustments, it is currently a scaled average, not the actual average of the prices of its component stocks—the sum of the component prices is divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, to generate the value of the index. Since the divisor is currently less than one, the value of the index is higher than the sum of the component prices.
From Wikipedia.org