Assume that on a particular day, the DJIA opened at 11,960.09. The divisor at that time was .132550914. What would the new index level be if all stocks on the DJIA increased by $1.00 per share on the Assume that on a particular day, the DJIA opened a...
Because the DJIA is price-weighted, the most influential company in moving the Dow Jones Industrial Average isn’t Apple orMicrosoft Corporation(NASDAQ:MSFT) orExxon Mobil Corporation(NYSE:XOM). It’s Goldman Sachs, which closed Monday at $242.89, the highestshare pricein the Dow. But Goldman,...
Why are bond markets under-pricing the risk of inflation today given that commodity prices have been going up in 2016? Explain why prices of risky bonds may decline when economic conditions weaken and why are prices of some bonds more sensitive to ec...
Another common U.S. stock market benchmark is theDow Jones Industrial Average (DJIA). The S&P 500 is often the institutional investor's preferred index given its depth and breadth. The DJIA has historically been associated with significant equities from the retail investor's point of view. Inst...
DJIA and Nasdaq Charts for April 24, 2018 (Courtesy BigCharts.com) By Pam Martens and Russ Martens: April 25, 2018 ~ Wall Street knows something that the rest of us don’t. Based on past experience, when Wall Street keeps secrets it never works out well for the rest of us. We’re...
Warren Buffett hasn't just seen the car of the future, he's sitting in the driver's seat. Why he's banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid.
Related: Why Domino's is winning the pizza wars Olive Garden agrees that the equation doesn't work. "We're not willing to give up 20% to 25% just to get a sale," Darden Restaurants (DRI) CEO Gene Lee said in January. Cannibalization Restaurants risk cannibalizing their more profitable...
• The Millennium Bug This is not attributed to anyone in particular, but rather anyone and everyone with a propensity to fear the worst. Yes, you -- you that began stocking canned food and rifle ammunition in your basement right before New Year's Eve 1999. While some ...
Yesterday, the DJIA closed at 12,309.16. The divisor is 0.123017848. Today, every one of the stocks in the index increased in value by $0.40 a share. What is the value of today's closing DJIA? A broker has advised you not to invest ...