Posts Tagged ‘Understanding’
Query by Ridwan: Help with comprehending the Dow Jones Industrial Regular?
I have heard about this in college but I have completely NO CLUE on what any of it signifies.
I’ve been viewing the news and i heard the DJI dropped like 600+ factors
My query is does the factors represent?
How can it just drop 600 out of nowhere?
Response by Jeff
The Dow Jones Index is produced up of the 30 (usually) greatest companies in diverse fields in the US. One more words there’s only one airline, 1 chemical, 1 car and so on. The single quantity you see is, quite simplistically, an addition of all their stock costs. (They mathmatically alter for stock splits, modifications when a organization drops off and new one is extra.) So if all thirty companies drop 20 points (once more very simplistically) on any given day you have a 600 pt drop in the Dow Jones. It kind of displays you what the market place as a whole is undertaking.
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