Dow Jones Industrial Average
As an example of needed clarification, the following text in the introduction confuses more than it clarifies; it uses the term "divisor" yet offers no explanation for "divisor".
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A cyclical bull market is a period in which the stock market index is reaching week or multi-year highs and may briefly peak at all-time highs before a rapid decline, as in the early s. It usually occurs within relatively longer bear markets and lasts about three years. Before the capacity of computers to handle large volumes of data rapidly, this was the only practical statistic of this sort available. During the Great Depression — After reaching an intra-day low of This level would not be seen again until Tuesday, November 23, , more than 25 years later.
It would take almost seven years before it finally closed above 1, for the first time on Tuesday, November 14, The average closed at 2, It would take just over another year before it finally closed above 4, for the first time on Thursday, February 23, It took the Dow trading days to go from 18, to 19, However, Monday, December 5, was when the Dow first closed above 19, The following is a list of the record closes of the Dow Jones Industrial Average grouped by year since May 26, This means that the following record closing values fall below the June peak, and thus, may not be formally recognized by some sources.
From Wikipedia, the free encyclopedia. Milestone Closing level Date first achieved Milestone Closing level Date Achieved Again 40 Milestone Closing level Date Achieved Again Milestone Closing level Date first achieved 1, Milestone Closing level Date first achieved 2, Milestone Closing level Date first achieved 11, Milestone Closing level Date first achieved 14, Date of Record Closing Level May 26, Date of Record Closing Level July 12, Date of Record Closing Level August 5, Date of Record Closing Level January 7, Date of Record Closing Level June 3, Date of Record Closing Level March 24, Date of Record Closing Level January 6, Date of Record Closing Level September 28, Readers don't need to immediately know that the Dow Jones Industrial Average is also known as seven other names or acronyms, neither do we immediately need to know who owns the Dow Jones Industrial Average; or who owns the owner; or why it's called the Dow Jones Industrial Average.
Please tell us, in the introduction, what the Dow Jones Industrial Average is; why and how it is used; the formula for calculating the average and an explanation of the components of the formula. As an example of needed clarification, the following text in the introduction confuses more than it clarifies; it uses the term "divisor" yet offers no explanation for "divisor". Of course a number is divided by a divisor; ALL numbers that are divided have been divided by a divisor, but what IS that divisor, specifically?
Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices. In conclusion, the introduction needs extensive cleanup and clarification. I haven't read beyond the introduction as the experience was too exhausting to venture further. Sincerely, RDT Rainydaytreat talk I have just modified 3 external links on Dow Jones Industrial Average.
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs. I have just modified one external link on Dow Jones Industrial Average. I have just modified 2 external links on Dow Jones Industrial Average. I'm new to Wikipedia. Offering a suggestion for this page.
The most interesting thing I ever read about the DJIA is that it's 30 companies because when it was first published in the late s, there were no computers. The writer wanted to come up with a quick way to tell the country how stocks did that day. Picking 30 large companies made for a do-able hand calculation that provided a good indication of that day's market performance. Of course, today we can instantly find out what the entire NYSE stock exchange has done for the day.
Nonetheless, the DJIA is still the most quoted market number in the world. But really it's kind of crazy we even report this number when there are much more accurate market performance metrics readily available. From Wikipedia, the free encyclopedia. Dow Jones Industrial Average is a former featured article candidate. Please view the links under Article milestones below to see why the nomination failed. The halt lasted under 10 minutes while CNBC was receiving data.
It has been suggested that the buyout offer is related to Murdoch's new cable business news channel Fox Business that launched in The Dow Jones brand brings instant credibility to the project.
We wouldn't do it alone. Our strategy centers around leaving the print publications of Dow Jones intact to continue serving as the gold standard of financial reporting, and creating additional earnings streams through digital media initiatives that can produce a stock price above dollars a share,.
For too long, Dow Jones has limited its focus to the world of print media and allowed other, less established entities to generate millions of dollars in profits by developing financial reporting franchises on the Internet and cable television.
The time has come for Dow Jones to break out of its slumber and extend its dominance into the lucrative arena of digital media. Upon investigating suspicious share price movements in the run-up to the announcement, the SEC alleged that board member Sir David Li , one of Hong Kong's most prominent businessmen, had informed his close friend and business associate Michael Leung of the impending offer.
Prior to its sale to News Corp, the last members of the board of directors of the company were: Christopher Bancroft , Lewis B. From Wikipedia, the free encyclopedia. Redirected from Dow Jones. New York City portal Companies portal. Archived from the original on June 6, Retrieved June 14, Retrieved January 21, The New York Times.
Retrieved August 19, Retrieved February 17, Retrieved September 14, Archived from the original on November 3,