Investing 101

What is Dow Jones Industrial Average?

The 'Dow Jones Industrial Average' or DJIA is one of the most popular and 2nd oldest stock market index. It includes 30 major blue chip stocks corporate players like Coca-Cola, Apple, Disney among the many others, in the stock market and acts as proxy for the rest of the companies. It was coined by Charles Dow in 1896 as the price weighted average of few selected stocks on New York