Noun explanation: Tao? Jones index and Nasdaq

Www.XINHUANET.com 200465438+1October 26th 17:25:44 Source: People's Daily.

Font: print this manuscript in large, medium and small sizes. After reading it, it is recommended to enter the forum.

close

Dow Jones index and Nasdaq index

The American stock market marked by Wall Street is the largest capital market in the world, with the most perfect regulations and management. Dow Jones Industrial Average and Nasdaq Composite Index are the most representative market indexes of American stock market and the most sensitive nerve of American economy.

The Dow Jones Industrial Average (DJIA) is an index of new york Stock Exchange, which was published on May 26th, 1896. It was compiled by Dow Jones Company and published by its Wall Street Journal. The Dow Jones Industrial Average closed at 465,438+0.74. 1first breakthrough in 906 100, 1972 1000, first breakthrough in March last year 100. The Dow Jones index broke through 1 1000 at the end of last year, and then it was mixed, and recently it fell to around 10500. The Dow Jones index has been revised intermittently since it came out. The last two revisions were at 1997 and 1999. Only General Electric Company stayed on this index from beginning to end. Last June 1 65438+1October1,the index abandoned four large companies in the industrial age and absorbed four high-tech companies in the information age, such as Microsoft and Intel. The Dow Jones index is the witness of American economic history for more than 100 years. Although it is also undergoing important changes, people usually regard it as a symbol of the traditional American economy.

The full name of Nasdaq is the automatic quotation system of the National Association of Securities Dealers, which came out only 197 1 year. It organizes national securities brokers through computer networks and provides them with over-the-counter quotes in a timely and accurate manner. At first, it specifically allowed investors to trade stocks of new enterprises with small amounts of money. However, after just over 20 years of development, the number of listed companies, the number of listed foreign companies and the monthly trading volume have surpassed that of new york Stock Exchange. The Nasdaq Composite Index includes more than 4,600 stocks, mainly composed of hundreds of the fastest-growing advanced technology, telecommunications and biological companies in the United States, including well-known high-tech companies such as Microsoft, Intel, AOL and Yahoo, thus becoming synonymous with the "new economy" in the United States. In recent years, the index has soared, breaking through 3000 points for the first time in 65438+February last year and 5000 points for the first time on March 9 this year. However, it has recently fallen to more than 3,400 points, which is more than 30% lower than the peak at the beginning of last month. (

/Fortune/2004-10/26/content _ 2140946.htm