This crossword clue is for the definition: The ___ Jones Industrial Average.
it’s A 32 letters crossword puzzle definition.
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Possible Answers: DOW.
Last seen on: USA Today Crossword – Sep 21 2022
Random information on the term “DOW”:
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ˈdaʊ/), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
The DJIA is one of the oldest and most commonly followed equity indices. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean.
The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor which is currently (as of November 2021[update]) approximately 0.152. The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split.