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How does the movement of prices in stocks that compose the Dow Jones Industrial Average indicate movement in the price of my stock? |
The Dow is a broad indicator of share prices. It is based upon 30 stocks traded on the New York Stock Exchange, and is considered by many to represent the stock market as a whole. It is used to indicate whether broader market share prices are moving higher or lower, and may indicate if a very specific stock price may increase, decrease, or stay the same.