Welcome back to another Weekly Round-Up! As a nonprofit credit counseling agency, ACCC enjoys keeping up with financial news. This week we will be highlighting some stock market news from the Dow Jones. Here are some resources to learn more about the Dow Jones.
Dow Jones Stock Market News from July 5-11
First, let’s be clear. I am no stock market expert. That’s why we collect the very best from the Internet! Sometimes it’s better to let the experts in the field take on the heavy subjects.
Stock market news happens quickly. It changes everyday, sometimes a big change can happen hour to hour. Therefore, keeping tabs on the stock market takes some effort. But, if you have a 401(k) or make your own investments, there is no way around reviewing the market consistently. Newbies can use this article to start this habit.
Dow Jones Hits Record Close
USA Today (“Dow tops 27,000 for the first time on easing trade tensions, prospect of lower rates” by Paul Davidson) reports that a new record has been reached by the Dow of DJIA. It closed at a record high of 27,000. What is the DJIA? Invented by Charles Dow and Edward Jones in 1896, the Dow Jones Industrial Average tracks 30 companies on the New York Stock Exchange and the NASDAQ. This index represents the US economy.
Watch this video by CBS News to get a clearer picture of the DJIA.