{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

BUS 212 - What level will the dow be at in one year

BUS 212 - What level will the dow be at in one year - What...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

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 ...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern