Dow Jones, or more precisely "Dow Jones & Company", is one of the largest business and financial news companies in the world. The firm was founded in 1896 by Charles Dow, Edward T. Jones and Charles Bergstresser. In 1889 they founded The Wall Street Journal, which remains one of the most influential financial publications.
It is easy to confuse Dow Jones with the Dow Jones Industrial Average (DJIA). Often referred to as "the Dow", the DJIA is one of the most watched stock indexes in the world, containing companies like General Electric, Microsoft, Coca-Cola and Exxon. Dow Jones (the company) owns the Dow Jones Industrial Average as well as many other indexes that represent different sectors of the economy.
In the world of finance, you'll often hear people ask, "How did New York do today?" or "How did the market perform today?" In both cases, these people are likely referring to the DJIA as it is the most widely used index, above both the S&P 500 Index and the Nasdaq Composite Index.
To find out how the Dow is calculated, see Calculating the Dow Jones Industrial Average. For more background on stock indexes in general, see our index investing tutorial.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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