Dow jones industrial average is a stock index of the top 30 companies that are registered on the New York Stock Exchange. These companies are presenting the most stable earnings with respect to the economic movements. All of these companies are considered to be blue-chip companies.
Dow jones industrial average is an index that can be used as a benchmark to assess the economic movement as it is believed that the 30 component stock companies are most stable among all the United States economy. However, there are some limitations of using this index as a yardstick because it ignores the sizes of the companies and it includes only 30 large capital companies only that cannot reflect the state of the economy with accuracy.
Refer to the DJIA data in Problem 5-41.
In January 2018, Continental Fund Services, Inc., enters into
Jackson is a sophisticated investor. As such, she was initially
The following table provides the Dow Jones Industrial Average (DJIA)
Thursday, October 24, 1929, easily ranks as the most
In 2000, the Dow Jones Industrial Average’s range was 11,
Determine the value of the Dow Jones Industrial Average as of your
Which Dow Jones Industrial Average stocks would be considered “dogs”?
Note from Table 10-2 that some technology-oriented firms
The closing stock price for each of two stocks was recorded over
