The Dow Jones Industrial Average
The Dow Jones Industrial Average:
What is it and where did it come from?
Logan B. Bryant
Dr. Ritchie – ABUS 478
University of South Carolina – Aiken
Spring 2009
Dow Jones & Company (as it was called in the beginning) was founded in 1882 by Charles Henry Dow, Edward Davis Jones, and Charles Milford Bergstresser in a small basement office at 15 Wall Street in New York (dowjones.com). In May 1986, editor of the Wall Street Journal and founder of Dow Jones & Company, Charles Dow, first formulated and published the Dow Jones Industrial Average (DJIA) as an indicator of stock market performance (money-zine.com). When first published, the original components, or member companies, of the DJIA included "smokestack" companies across a
What is it and where did it come from?
Logan B. Bryant
Dr. Ritchie – ABUS 478
University of South Carolina – Aiken
Spring 2009
Dow Jones & Company (as it was called in the beginning) was founded in 1882 by Charles Henry Dow, Edward Davis Jones, and Charles Milford Bergstresser in a small basement office at 15 Wall Street in New York (dowjones.com). In May 1986, editor of the Wall Street Journal and founder of Dow Jones & Company, Charles Dow, first formulated and published the Dow Jones Industrial Average (DJIA) as an indicator of stock market performance (money-zine.com). When first published, the original components, or member companies, of the DJIA included "smokestack" companies across a