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A [[stock]] price index, based on 30 prominent stocks, that is a commonly used indicator of general trends in the prices of [[stock|stocks]] and [[bond|bonds]] in the [[United States]].
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The '''Dow Jones Industrial Average''', commonly known as the '''Dow Jones''', is a [[stock]] price index based on 30 prominent stocks. The Dow Jones Industrial Average is the average of these 30 stocks, and is a commonly used indicator of general trends in the prices of [[stock|stocks]] and [[bond|bonds]] in the [[United States]]. The Dow Jones Industrial Average was first published by ''[[Wall Street Journal]]'' editor Charles Dow in 1896 with 12 stocks. The number has since drawn to 30. The only stock of the original 12 that is still a part of the Average is [[General Electric]].
    
==Sources==
 
==Sources==
 
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
 
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
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[[Category:Economics]]
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[[Category:Stock market]]
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