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Dow Jones Industrial Average futures closed lower for a second day on Friday after a volatile session in which stocks that would benefit from the economy reopening tried to offset another steep decline in technology companies.
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News Corp announced today that Will Lewis will be departing as CEO of Dow Jones and Publisher of The Wall Street Journal.
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The historical data for the DJIA is a combination of four separate indices.
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This setting is used in conjunction with a Period of Daily, Weekly, Monthly, or Quarterly.
The Sharpe Ratio characterizes how well the return of an asset compensates the investor for the risk taken. It is calculated dividing the price performance of a stock by the price performance of an appropriate index for the same time period.
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Historical data can be downloaded via the red button on the upper left corner of the chart.
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The rest of the week also will be a busy one, with data on housing starts due out tomorrow and figures on existing home sales scheduled on Friday.
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The Dow Jones today is a widely followed and reported index because it is a reasonably accurate reflection of overall stock market performance.
Using nominal dollars makes the graphs rhetorically more impressive, but ignores that, for much of that long history, the Federal Reserve and the government have been busily depreciating the dollar.
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The image below shows the performance of the Dow Jones Industrial Average under former Presidents Barack Obama and President George W Bush.
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Past performance is not a guide to future returns, as can be seen from the above updates!
Dow Jones, Gold, and Silver.
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