VF is an awesome community of bright, serious, passionate and involved individual investors.more testimonials »
About The Dow Jones Industrial Average Definition Friday, June 27, 3:00 PM ET
When you hear the phrase "The Dow" on Wall Street, people are referring to the Dow Jones Industrial Average. One of the oldest and most recognized indices closely watched by investors, the index saw its inception back on May 26 of the year 1896. It has been called an "icon" of American culture.
The index tracks 30 U.S. blue-chip companies, covering all industries except transportation and utilities. Because of the reputation of the index itself, companies are only selected to be components if the maintainers of the index decide that the company has an excellent reputation. Components must be very large in size, to the point where there is extremely wide investor interest in those companies. The maintainer of the index also factors in sector representation when selecting components, with the goal of keeping the index reflective of the performance of the U.S. economy as a whole.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.