What is the Dow Jones Stock Exchange
New York Stock Exchange (NYSE) is the second largest stock exchange of the world, after the NASDAQ stock exchange. Founded in 1817 as the New York Stock & Exchange Board. Its headquarters are in New York at 18 Broad Street, at the corner of Wall Street. Trading of securities takes place entirely electronically. There are about 2800 companies listed on NYSE, including General Electric, General Motors Corp, IBM or Hewlett-Packard.
Dow Jones Industrial Average (DJIA) – is one of the most important traded securities indexes on the New York Stock Exchange and Nasdaq. This index was created by Charles Dow and Edward Jones. Dow Jones is the oldest active share index in the United States. Currently consists of 30 major U.S. companies. The Dow Jones index was published first time on May 26 in 1896.
