Dow jones average today
Although it is one of the most commonly followed equity indices, many consider the Dow to be an inadequate representation of the overall U. The value of the index is the sum of the price of one share of stock for each component company divided 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. Since the divisor is currently around 0. It is the second-oldest U. It is the best known of the Dow Averages, of which the first non-industrial was originally published on February 16, The averages are named after Dow and one of his business associates, statistician Edward Jones.
REALTIME PRICES FOR DOW JONES STOCKS
On this particular Friday in May, we learned that the United States hemorrhaged more than 20 million jobs in the month of April. That's pretty much a minimum number. Many economists seem to think even more people lost their livelihoods. The unemployment rate is now Others have had hours or salaries cut. People who were already living paycheck to paycheck working jobs that paid too little now aren't getting paid at all.
Filing for—and receiving—unemployment is its own chaotic horror. Even if some or a majority of those jobs can be recovered, a big chunk won't be. And in the meantime, many people can't pay their rent. They can't afford anything beyond bare necessities. They're certainly not going to be breaking down the doors at restaurants anytime soon. Meanwhile, the Dow Jones Industrial Average was up nearly points this morning, or more than 1.
The news that the state of employment in this country is at its worst since the Great Depression—the Great Recession of barely registers on the graph by comparison —has been met with no little positivity on Wall Street. Once again, it seems that because some forecasts predicted the numbers would be even worse , the fact that they are merely "Ultimate Cataclysm -1" is a boon to the market.
In the end, it doesn't matter what's actually happening out there. It only matters how a small group of people in here feel about it, and what they believe is going to happen in the future , and whether they feel Congress and the Federal Reserve will keep looking out for them.
Long live The Stonks. If ever there were an indication that the stock market has no relationship to the nation's economic reality, it arrived today. Granted, only half the population owned any equities even before this latest disaster. Granted, the Dow Jones Industrial Average in particular has long been more of a cable-news programming device than a useful metric for gauging the health of the economy. While it might have been useful in the postwar boom, where prosperity was widely shared and "what was good for G.
It's hard to believe the misery engulfing a growing portion of the actual American public will not eventually have some consequences for The Stonks. But even if financial markets somehow retain immunity to the massive disruption in the hospitality sector and beyond, they will not retain legitimacy—to the extent they still do—with much of the public.
Like our political institutions and, yes, the free press, the growing detachment of elite circles from the larger Venn diagram of American life cannot proceed forever without consequences. People have been suffering for a long time , and it's only getting worse, and soon they will have heard just about enough of this talk about bull markets and stock buyback programs.
Even now, with all the nation's problems rendered in such sharp relief by this strangely enlightening plague, so few of the people who hold the power and make decisions in our political economy seem to realize how precarious the situation is.
So few seem to truly grasp the desperation of the people outside the walls of the gilded city. That, after all, is what the Stonks memes are all about. These are not just goofy words and images circulating on Instagram. They represent multiple generations' ridicule, an extension of their growing disdain, for people who watch the numbers on the screen go up and down and consider that to be The Economy.
It's not just the Millennials, whose adult lives have been spent careening from one economic catastrophe to another. Millions of Gen Z kids are now also coming of age in a time when it's readily apparent how silly this way of measuring things has become.
They're not just mocking The Stonk Man. They might be mocking you. And soon, they might grow impatient with mere mockery. United States. Type keyword s to search. Today's Top Stories. But sometimes, not stonks. The Internet. Robbie Fimmano. Advertisement - Continue Reading Below. Politics With Charles P.
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Dow Jones rises on better-than-feared jobs report, easing Sino-US tension
Get the latest data from stocks futures of major world indexes. The list of companies, included into the Dow index, consists of the key players in specific industries. This comes despite a bloodbath on the Asian markets overnight. Dow Jones index price, live market quote, shares value, historical data, intraday chart, earnings per share in the index, dividend yield, market capitalization and news. Live Rates of Dow Jones Futures. Download the MarketWatch app for: - Breaking news stories, videos, and in-depth analysis - Latest market data, including: index movements, stock prices, and other key securities information - Receive market-moving alerts on your mobile device MarketWatch features include The Dow Jones. Free real-time prices and the UK's most active stock market forums. You have the option to change the appearance of the charts by varying the time scale, chart type, zoom and adding your own studies and drawings. Get instant access to a free live streaming chart of the Dow Jones. Try It Out.
On this particular Friday in May, we learned that the United States hemorrhaged more than 20 million jobs in the month of April. That's pretty much a minimum number.
The stock market index was developed as a simple means of tracking U. As some of the top stocks in the marketplace, the belief is that the Dow 30 represents a strong assessment of the market's overall health and tendencies. At the time, it consisted of 12 companies that were considered important to America's economy.
Dow Jones Today [Live Update]
The shares included in it are weighted according to price; the index level represents the average of the shares included in it. Dividend payments are not considered in the index. The inclusion of a company in the Dow Jones Industrial Average does not depend on defined criteria. Instead, an independent Wall Street Journal commission decides whether a share is to be included or excluded. There are no fixed times for reviewing the composition of the index, since changes are only made by the commission as and when they are needed. Prices are indicative and may differ from the actual market price. Add to watchlist. Market Cap. Day Low. Historical Prices.
It's a Banner Day for the Delusional Properties of the Stock Market
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