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 at 4:37 PM EDT, marking an increase of 23.89 points or 0.11% for the day.
This indicates a modest gain on the day, with the market capitalization of the index reflecting the aggregate value of the 30 large publicly traded companies that comprise the DJIA. These companies represent a range of sectors, and the DJIA is one of the most closely followed indicators of the overall performance of the U.S. stock market.
The market open on September 29 was recorded at 22,358.47, suggesting that the market had an upward movement throughout the trading day, reaching a high of 22,405.63 and a low of 22,332.96. These fluctuations represent intraday volatility, which is common as investors react to economic data, corporate earnings reports, geopolitical news, and other factors.
The P/E ratio (Price-to-Earnings ratio) and dividend yield of the DJIA were not provided in the snapshot but are essential to understanding the valuation and income-producing characteristics of the index. A higher P/E ratio often signals that stocks are priced higher relative to earnings, suggesting optimism about future growth, whereas the dividend yield represents the return investors can expect to receive from dividends, offering insight into the income potential of the stocks in the index.
Investors use Google Finance, Yahoo Finance, and MSN Money as platforms to track these and other metrics of the market, ensuring they stay informed about key performance indicators like these. The 1-day, 5-day, 1-month, 3-month, 1-year, 5-year, and maximum ranges help investors analyze performance over different time frames and assess trends. For example, over the 1-year period, the DJIA has fluctuated within the range of 21,600 to 22,400, reflecting the broader economic and market conditions over the past year.
This snapshot is part of a broader financial landscape, and understanding its movements is crucial for investors looking to gauge market sentiment and plan their investment strategies.
