Dow Jones Transportation Average
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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Dow Jones Transportation Average is a U.S. stock market index of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow Jones Industrial Average. The index is a running average of the stock prices of twenty transportation corporations, with each stock's price weighted to adjust for stock splits and other factors. As a…mehr

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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Dow Jones Transportation Average is a U.S. stock market index of the transportation sector, and is the most widely recognized gauge of the American transportation sector. It is the oldest stock index still in use, even older than its better-known relative, the Dow Jones Industrial Average. The index is a running average of the stock prices of twenty transportation corporations, with each stock's price weighted to adjust for stock splits and other factors. As a result, it can change at any time the markets are open. The figure mentioned in news reports is usually the figure derived from the prices at the close of the market for the day.