The Dow Jones Industrial Average lost 34.99 points, or 0.1. 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.įirst calculated on May 26, 1896, the index is the second-oldest among U.S. stocks fell Monday, led downward by the tech-heavy Nasdaq Composite, as investors grew increasingly cautious of rising bond yields. 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 approximately 0.152. Furthermore, the DJIA does not use a weighted arithmetic mean. It is price-weighted, unlike stock indices, which use market capitalization. The DJIA includes only 30 large companies. 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. stock market compared to a broader market index such as the S&P 500. Many professionals consider it to be an inadequate representation of the overall U.S. The DJIA is one of the oldest and most commonly followed equity indexes.

The tech-heavy Nasdaq Composite was off by 2.2, while. The Dow was down more than 300 points, or 1. The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States. Stocks finished sharply lower Thursday, pointing toward another week of losses for the S&P 500.

Dow jones closing numbers today