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That's extremely misleading. DJIA is the original one and it's named that because A is for average and DJ is for Dow Jones. So only one of letters could vary in
by lonelappde 7y ago
That's extremely misleading. DJIA is the original one and it's named that because A is for average and DJ is for Dow Jones. So only one of letters could vary in context, and only the I is the one people mean when they take about Dow Jones.
"The Dow" or "the Dow Jones" always means DJIA.
- repsilat 7y agoThe WSJ is owned by "Dow Jones the company". Not "the" Dow Jones, I'll grant. It comes up in their articles sometimes, and is probably why they prefer to refer to the DJIA as a measure of market price than the SPX.