What Is Dow Jones Industrial Average?

Decent Essays
When The Dow Jones Industrial Average was created in 1896, Charles Dow had nothing more than a piece of paper and pencil to mark down all of his calculations. The calculation method that he devised involved an average of 12 different stock pricings then the average would be divided by that same number in order to reveal the industrial average result. This method which was made simple is now the national model for all industrial averages used within the nation’s stock market tallies. Another individual named Pop Harris was the official tally man for the New York stock exchange market system, making all averages final for decades up until 1963, he represented the last of the manual calculators for the DJIA. Since the 70’s computers have made

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