Friday, 24 May 2013
Foundation: May
26, 1896
Weighting method : Price-weighted
The Dow Jones
Transportation Average ( also called the "Dow Jones Transports") is a
U.S. stock market index from Dow Jones Indexes 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 (DJIA)
.
It's made up
of 30 large U.S. companies that are publicly traded. Some of the companies
included in the Dow Jones industrial average are American Express Co.,
Caterpillar Inc., Exxon Mobil Corp., General Electric Co. and Bank of America
Corp.
