The Stock Market

Understanding The Dow Jones

Index Name: Dow Jones Industrial Average - DJIA.

Nickname: The Dow.

Publishing Company: Dow Jones & Co.

Base Year: 1896 Number of Components: 30.

Weight: According to Price.


The Dow is the oldest and most famous of the stock indices. It is thought to be the central barometer for measuring the American stock market and is used by investors world-wide.

Click here for a list of DJIA’s components.


The following graph describes the index’s development since 1895 (the y-axis is labeled in index units) :

Understanding The Dow Jones535Understanding The Dow Jones