What Is The New York Stock Exchange Dow Jones Index?The Dow Jones is the main US index. In fact, it is actually the Dow Jones Industrial Index. It takes the share prices and measures the movements of 30 'typical' industrial companies. The Dow Jones Index is calculated by adding the New York closing prices and adjusting them by a 'current average divisor'. This is an adjustable figure which is designed to preserve the continuity of the index over time. This is done to take account of occassional changes to the companies that comprise the index. As you may be aware, Dow Jones is actually a financial information publishing company that in effect, sponsors the index. The company was established in 1882 and was Founded by Edward Davis Jones, Charles Henry Dow and Charles Milford Bergstresser. I guess that Bergstresser isn't such a catchy name! As might be imagined, Dow Jones sponsors more than one stock index. A comprehensive list and details of the Dow Jones Indexes shows just how widely their sponsorship reaches - including the Dow Jones Islamic Market. That is what we call reach! The cornerstone of the company is its main publication, The Wall Street Journal. The Journal, which was founded in 1889, has a current circulation of around 2 million. Do you want to improve your trading skills? Click here to watch a free online
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