Dow Jones Industrial Average INDEXDJX: .DJI – Sep 29, 4:37 PM EDT 22,405.09 \textuparrow 23.89 (0.11%) 1 day 5 day 1 month 3 month 1 year 5 year max 22,400 22,200 22,000 21,800 21,600 Sep 8 Sep 15 Sep 22 Sep 29 Open 22,358.47 Mkt cap High 22,405.63 P/E ratio Low 22,332.96 Div yield Google Finance – Yahoo Finance – MSN Money Disclaimer
The Correct Answer and Explanation is:
The Dow Jones Industrial Average (DJIA) closed at 22,405.09 on September 29, reflecting a modest increase of 23.89 points (0.11%). The chart shows the movement of the index over different time periods, with a steady upward trend throughout the month. Here’s a breakdown of the details and terminology used:
- Market Performance:
- 1-Day Change: The DJIA increased by 23.89 points (0.11%) on September 29, closing at 22,405.09. This small gain suggests a relatively stable day in the market.
- 1 Month/3 Month/1 Year: The performance over the past month, three months, and year reflects broader market trends, with slight fluctuations.
- Key Metrics:
- Open: 22,358.47 represents the opening value of the Dow Jones on the day.
- High: The highest value during the trading day was 22,405.63, which is an indicator of the peak reached during market trading.
- Low: The lowest point was 22,332.96, showing the value at the bottom during the trading day.
- Market Capitalization: While not directly stated here, the market capitalization is typically based on the total value of the companies within the index, calculated by multiplying the share price by the total number of shares outstanding for each constituent company.
- P/E Ratio and Dividend Yield:
- P/E Ratio: The Price-to-Earnings (P/E) ratio compares a company’s share price to its earnings per share. While the specific P/E ratio is not provided, it’s typically an indicator of how expensive the stocks in the index are relative to their earnings.
- Dividend Yield: This represents the annual dividend payments as a percentage of the stock price. It’s an important measure for income-focused investors.
- Trends and Interpretation:
- The steady rise in the Dow Jones suggests investor confidence in the market. Although a 0.11% change might seem small, even incremental changes contribute to the broader economic picture.
- The chart shows the gradual rise from mid-September to the end of the month, suggesting a period of recovery or growth.
In conclusion, the Dow Jones Industrial Average reflects the performance of 30 large publicly traded companies. The index serves as a benchmark for the overall health of the US stock market.
