Happy Dow Jones Industrial Average Day
Today marks the 115th Anniversary of the famous Dow Jones Industrial Average. New York Mayor Michael Bloomberg has declared Thursday May 26 “Dow Jones Industrial Average Day” in honor of the blue-chip measure.
What is intriguing about the Index is how it has tracked the evolution of the American economy for more than a century. Here is the price history of the Dow Jones Industrial Average from Thechartstore.com. This is without a doubt one of my all-time favorite charts:
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Sources:
New York City Proclaims May 26, 2011 to be Dow Jones Industrial Average Day (DJIndexes)
DJIA: At 115 Years: How it has Told the American Story (WSJ)