Unformatted text preview: What level will the Dow be at in one year?
Andrew Gladue Jose A. Vasquez Stuart Wong Dow Jones Industrial Average (DJIA) Down Jones Industrial Average (also called the DJIA, Dow 30, or informally the Dow Jones or The Dow) is one of several stock market indexes created by nineteenth century Wall Street Journal editor and Dow Jones & Company cofounder Charles Dow. Dow compiled the index as a way to measure the performance of the industrial component of America's stock markets. Today, the average consists of 30 of the largest and most widely held public companies in the United States. Dow Companies Dow Jones Industrial Average (DJIA) Since 1901 Current Factors Contributing to the Dow Consumer's Income Increasing Interest Rates Cuts New Refund Checks + Tax Returns Company Mergers (Bank of America (BAC) acquiring Countrywide Financial (CFC) in Jan 08, J.P. Morgan Chase (JPM) negotiating with Washington Mutual (WMU) Determining the Dow To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a divisor. Where "p" are the prices of the component stocks and "d" is the Dow Divisor. Predictions for the Dow The current level of the Dow as of 2/26/2008 is 12,684.92, up 114.70 points (+0.91%) from yesterday. In a year the Dow will increase in a year. Over 2007 the Dow increased 1,000 points in 6 months. It is highly believed the Dow will reach it's next 1,000 milestone this year of 14,000. 14,000. Public Opinion: Will the Dow end above 14,000? References http://money.cnn.com/data/dow30/ http://www.goldeagle.com/editorials_03/wallybe http://www.nyse.com/about/listed/lcddata.html? http://dowjones.investiq.com/dowjones/isec_glo ...
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- Spring '08
- Dow Jones, Dow Jones & Company