Can anyone please explain to me what IS the dow jones ? Let me clarify . What exactly was purchased ? I honestly don't understand .
Thank you .
2007-08-01 08:22:22 · 12 answers · asked by Anonymous in Politics & Government ➔ Politics
The Dow that many refer to is a stock market index that was created many years ago to guage overall industries in the stock market. 30 companies were picked that would be an indicie to the whole industrial stock market. Since there has been a major change in what is considered industries from then to now there has in turn been a change in the 30 companies represented in the index. Many of the original heavy industry companies are no longer in business.
The company that Fox is buying has the indecies as a small part of the company. The Dow Jones Company is a finacial and publishing company. The main part of the publishing is the well respected Wall Street Journal. There are also broadcasting elements to the company. Fox is seen as wanting to compete with channels such as CNBC with this purchase and on the internet to expand the FOX brand.
2007-08-01 08:55:17 · answer #1 · answered by ALASPADA 6 · 1⤊ 0⤋
http://en.wikipedia.org/wiki/Dow_Jones
The Dow Jones Report tracks stock purchases and sale prices -- it's an index that many people use as an overall way of measuring the robustness of the economy.
Murdoch purchased the Down Jones company, which includes purchasing the Wall Street Journal.
2007-08-01 08:27:34 · answer #2 · answered by coragryph 7 · 4⤊ 0⤋
Dow Jones & Co.,, the publisher of the Wall Street Journal, was purchased.
2007-08-01 08:26:24 · answer #3 · answered by Maudie 6 · 1⤊ 0⤋
The Dow Jones index is a group of stocks that are suppose to represent a cross section of American industry. When the Dow goes up that is an indication that the economy as a whole is doing well. I am not sure of all the stocks in it, I know walmart and AOL are included.
2007-08-01 08:29:09 · answer #4 · answered by JFra472449 6 · 1⤊ 2⤋
I didn't know it was an entity that could be purchased. I am in the dark, too. What I understand is that the Dow is a mixture of the top 30 industrial companies and the NASDAQ is for companies that are Internet or tecnichal industry related.
2007-08-01 08:27:06 · answer #5 · answered by mountaindew25 3 · 2⤊ 0⤋
Its an average of the most widely held and traded stocks. It serves only as a guidleine for the overall market, because in theory the most widely traded big companies will reflect the trends of the market as whole. Usually fairly accurate. The companies in the index are constantly changing ased on which companies are the most traded.
2007-08-01 08:29:46 · answer #6 · answered by Some dude 4 · 2⤊ 0⤋
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2016-10-13 09:29:54 · answer #7 · answered by ? 3 · 0⤊ 0⤋
the dow jones is an investment firm that is also a medium for stock info. it is regarded as the most reliable sorce of how the market is doing
2007-08-01 08:26:30 · answer #8 · answered by evilmonk66 2 · 2⤊ 0⤋
The Wall Street Journal is being sold it's a news paper.
2007-08-01 08:29:26 · answer #9 · answered by hdean45 6 · 1⤊ 2⤋
Rupert Murdoch can we make him Secretary General of the UN?
2007-08-01 10:31:18 · answer #10 · answered by Anonymous · 1⤊ 0⤋