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Dow Jones Industrial Average

Stock market index

Dow Jones Industrial Average (Under CC License)

The Dow Jones Industrial Average (DJIA), or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time. These 30 companies are also included in the S&P 500 Index. The value of the Dow is not a weighted arithmetic mean and does not represent its component companies' market capitalization, but rather the sum of the price of one share of stock for each component company. The sum is corrected by a factor which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.. It is not an accurate representation of the US market or total market.

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The Dow and stocks fell into a tailspin Wednesday as traders took signs from the bond market that a recession could be coming.
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The Dow ended more than 800 points in the red amid fears of recession because of a sell-off. Yahoo Finance reporter Brian Chung joins CBSN with the latest.
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Credit: USATODAY.com - Published 1 week ago

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