It can be very difficult to determine which stock to invest in, especially when there are thousands listed on the stock exchange. Dow Jones is a multinational media organization that delivers business information to readers worldwide. It started as a small newspaper company in the Wall Street basement and, over time, grew to become the most prestigious news agency and powerhouse.
If you are new to investing or routinely monitor the stock market, then a brief read of this article would be very helpful. In this, we’ll provide an in-depth analysis of the company’s history, the Dow Jones index, and the future contracts offered by the organizations.
Dow Jones Overview
Dow Jones or Dow Jones & Company, Inc. is one of the world’s most well-known finance publishing companies. It is a global news and information agency specializing in delivering innovative, well-researched and accurate content to consumers and organizations. With more than 130 years of quality journalism, it has emerged as the world’s largest news gathering operation, providing content in multiple formats, including print, digital, mobile and live events.
In 2019 alone, the company’s revenue crossed 1.5 billion USD. The current CEO is Almar Latour, while Yusuke Umeda is the current chairman of the board of directors. The parent organization of Dow Jones is News Corp.
History
The company’s beginning can be traced back to the late 19th century, when a newspaper editor named Charles Dow and Edward Jones, a statistician, started a small news agency. They named it “Customer’s Afternoon Letter” and distributed it among the investors on Wall Street. Charles also created a stock price index named the Dow Jones Average, which became an important part of the daily paper. In 1889, the newspaper was renamed The Wall Street Journal. The company was bought by Charles Barron, the founder of Barron Magazine, a few years later.
In 2007, News Corp acquired the business after an extensive battle over the company’s ownership. Three years later, S&P Dow Jones Indices LLC bought Dow Jones Indexes, which is now operated as a joint venture between S&P Global and the CME Group.
Products
The products offered by the company include:
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The Wall Street Journal
Published by Dow Jones, Wall Street Journal has millions of readers worldwide. It covers various topics, with content available on print, online, and mobile apps. Up till now, it has won up to 38 Pulitzer Prizes for outstanding journalism.
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Barron’s
Founded in 1921, it immediately established itself as a reliable resource for learning about market trends and investing ideas. With advice from elite financial investors and advisors, Barron provides its readers valuable insight into the business world. People can view their articles on their website or in print every week.
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Dow Jones Newswires
It is a financial news source used by wealth managers and institutional investors worldwide. Through Dow Jones Newswire, organizations can strengthen the advisor-client experience, find adequate solutions for financial problems and pinpoint investing opportunities.
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Factiva
Factiva is an information and research platform that gathers content from licensed and free sources. It claims to provide businesses access to 32,000 research, expansion and development sources.
The Dow Jones Industrial Average (DJIA)
The most closely followed stock index globally is the Dow Jones Industrial Average. Initially, only 12 companies comprised the index, mostly from the industrial sector. Later, it expanded to include 30 companies, from basic materials and consumer goods to technology and telecommunications.
The primary objective of the index is still the same as it was back then; it tracks the performance of the biggest companies in each sector and creates a benchmark for investors to know how the stock market performs.
Dow Jones Futures
Dow Jones Futures are financial contracts allowing investors to hedge against various market index components. All the future contracts are operated and managed by CME. These are bought and sold 24 hours a day on CME Globex.
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Mini Dow futures
Mini Dow future is 1/ 5 the value of the DJIA, having a ticket size of no more than $5. Due to being less costly, it allows investors to increase their exposure and position size.
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Micro E-mini Dow futures
These are similar to mini Dow futures but are 1/10 of the value of the standard futures contracts. Investors can easily diversify their portfolios and manage risk flexibility by buying micro E-mini futures.
Global Presence
Originally from New York, the business quickly realized the importance of quality journalism worldwide. As a result, it expanded its operations all over the globe.
A significant part of its revenue is derived from the United States. Europe, Asia, and The Middle East make up about 14 percent of their income. Australia is also the main component of the company’s presence.
Due to its reputation as the most reliable news and data organization, Dow Jones has emerged as a financial industry leader. Millions of people worldwide log on to their online platforms to get valuable insight into the business world and make more informed investing decisions.
In order to stay up-to-date with the finance world, head to our website, The Australia Time. Here we post well-researched and informative content on a wide range of topics such as technology, investing, business, fashion and many more.
