The Dow Jones Industrial Average, a.k.a. the Dow, is the second oldest U.S. stock index, preceded only by the Dow Jones Transportation Average. Named after Wall Street Journal editor Charles Dow and statistician Edward Jones (no relation to the investment company), the index has been a key measure for large, U.S., blue chip stock prices since its inception May 26, 1896.
Given its lengthy history, the Dow is full of interesting and useful data. In this article, we will discuss some facts pertaining to the Dow and explain how it affects you, the investor. It is human nature that, as we learn more about a particular subject, we become more comfortable with it. Hence, it is my goal to arm you with facts that will broaden your perspective and increase your peace of mind.
