FIN 100 Week 3 Discussion
Using the Internet to research the Dow Jones Industrial Average and the Dow Jones 30. (Cite References)
- From the e-Activity, select three (3) members of the Dow Jones 30, and explain two (2) possible reasons why that list includes each company. Next, identify one (1) firm that is not in the Dow Jones 30, and suggest two (2) reasons why the list should or should not include this firm. Provide a rationale for your response.
- Determine two (2) major differences between the NASDAQ market and the NYSE market, and indicate the main reasons why each of those differences exists. Provide a rationale for your response.
The Dow Jones Industrial Average simply refers to a stock market index created by Charles Dow. It entails 30 large publicly owned corporations in the US and it shows trends in how they have traded during a standard trading duration in the stock market. The Dow 30 is also the second oldest market index in the US after the Dow Transportation Average which was apparently established by the same person Dow (O”Connor,2014).
Some of the companies you can find in the Dow 30 include the Microsoft Corporation, Nike and McDonalds among others….