Question

stock basics: dow jones

1. what is the dow jones industrial average?
2. what were the names of the men who founded the dowjones?
3. list the original 12 companies in the djia? (you can abbreviate or use stock symbol)
4. what is the highest the djia has ever hit?
5. what is the lowest the djia has ever hit?
6. list the current 30 companies that make up the dow jones 30. write both the company name and the stock symbol for each.

Explanation:

1. The Dow - Jones Industrial Average (DJIA) is one of the most well - known stock market indices in the world. It is a price - weighted average of 30 significant large - cap U.S. stocks.
2. The Dow Jones was founded by Charles Dow, Edward Jones, and Charles Bergstresser.
3. The original 12 companies in the DJIA included American Cotton Oil (COT), American Sugar (SUG), American Tobacco (Tob), Chicago Gas (CG), Distilling & Cattle Feeding (DGF), General Electric (GE), Laclede Gas (LG), National Lead (NL), North American (NA), Tennessee Coal & Iron (TCI), U.S. Leather (USL), and U.S. Rubber (USR).
4. The highest level the DJIA has reached can change over time due to market fluctuations. As of July 2024, it has reached over 35,000+ points in recent years.
5. The lowest level was in the early days of its existence. During the Great Depression, it hit very low levels. For example, in 1932, it reached around 41.22.
6. As of July 2024, the 30 companies in the Dow Jones 30 include Apple Inc. (AAPL), Microsoft Corporation (MSFT), Visa Inc. (V), etc.

Answer:

1. The Dow - Jones Industrial Average is a price - weighted average of 30 significant large - cap U.S. stocks.
2. Charles Dow, Edward Jones, and Charles Bergstresser.
3. American Cotton Oil (COT), American Sugar (SUG), American Tobacco (Tob), Chicago Gas (CG), Distilling & Cattle Feeding (DGF), General Electric (GE), Laclede Gas (LG), National Lead (NL), North American (NA), Tennessee Coal & Iron (TCI), U.S. Leather (USL), U.S. Rubber (USR).
4. As of July 2024, it has reached over 35,000+ points in recent years.
5. In 1932, it reached around 41.22 during the Great Depression.
6. As of July 2024, includes Apple Inc. (AAPL), Microsoft Corporation (MSFT), Visa Inc. (V), etc.