Wednesday, November 18, 2009

Who is the Dow Jones named after?


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: dow jones

Why: In the In Touch Weekly crossword, #94 Down: "___ Jones"
DOW
Answer: Wall Street Journal founder Charles Dow (1851-1902) and statistician Edward Jones (1856-1920)! The Dow Jones Industrial Average, icydk, is an index that shows how certain large, publicly-owned companies have traded during a standard trading session in the stock market.

Source: Wikipedia

The More You Know: I always thought DOW was an acronym, like for Dollars of the World or Dirty and Weird. Oops!

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