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DJIA 7564 7932 9843?
what do these numbers represent?
can I get an example of the equation determining this number on any given day.
2 Answers
- KayLv 61 decade agoFavorite Answer
It represents the total amounts of market price divided by total number of shares outstanding on DOW indexed companies (30 companies are in DOW) at specific time of a day when the market is open. Usually, the number represent a closing price average. DJIA means Dow Jones Industrial Average.
DOW companies are: 3M, Alcoa, American Express, AT & T, Bank of America, Boeing, Catepillar, Coca Cola, Citi Group, Chevron, Dupont, Exxon Mobile, GE, GM, Hewlett Packard, Home Depot, IBM, Intel, Johnson & Johnson, JP Morgan Chase, Kraft Foods, Merck, Microsoft, McDonald's, Pfizer, Proctor & Gamble, United Technologies, Verizon, Walmart, and Walt Disney.
- 1 decade ago
Where did you get the numbers from. It would seem that they are 3 numbers that are the Dow Jones Industrial Average closing price for a particular day.
Mark
