Dow Jones Industrial Average

The Dow Jones Industrial Average (DJIA) is a stock market index that measures the performance of 30 significant publicly traded companies in the United States. It is one of the oldest and most widely recognized stock indices, created by Charles Dow in 1896. The index aims to provide an overview of the health of the U.S. economy and stock market by reflecting the price movements of these companies, which are leaders in their respective industries. The DJIA is price-weighted, meaning that companies with higher stock prices have a greater impact on the index's overall value. It serves as a benchmark for investors to gauge the market's performance and is often referenced in discussions about investment trends and economic conditions. The index is maintained by S&P Dow Jones Indices.