0 votes
What is the purpose of the Dow Jones Industrial Average?

1 Answer

0 votes
The Dow Jones Industrial Average (DJIA) was created to serve as a stock market and economic indicator. Charles Dow's first version of the DJIA appeared in the Wall Street Journal in 1896, containing 12 stocks. The DJIA expanded to 30 stocks in 1929, which is the number of stocks it still maintains today.
...