Charles Dow was an American journalist and co-founder of Dow Jones & Company, which publishes the Wall Street Journal. He is also credited with creating the Dow Jones Industrial Average, the first index of stock prices.
Charles Dow (1851-1902) was an American journalist and financial analyst who is widely credited with founding the modern field of financial journalism. He was the co-founder of Dow Jones & Company, the publisher of The Wall Street Journal and the creator of the Dow Jones Industrial Average (DJIA). Dow was born in Sterling, Connecticut and attended high school in Providence, Rhode Island. After graduating, he worked as a reporter for the Providence Journal and then moved to New York City to work for the New York Times. In 1882, he and Edward Jones founded Dow Jones & Company and began publishing the Wall Street Journal.
Dow was a pioneer in the field of financial analysis and was the first to recognize the importance of tracking stock prices and market trends. He developed the Dow Theory, which states that stock prices move in trends and that these trends can be used to predict future market movements. He also developed the Dow Jones Industrial Average (DJIA), which is a stock market index that tracks the performance of 30 large publicly traded companies. The DJIA is still used today as a benchmark for the overall stock market.
Dow was a prolific writer and his works are still widely read today. He wrote several books on financial analysis and market trends, including The Average Doctrine of Modern Theorists and The Dow Theory. He also wrote a number of articles for the Wall Street Journal and other publications.
Charles Dow was a pioneer in the field of financial journalism and analysis. His work laid the foundation for modern financial analysis and his Dow Theory and DJIA are still used today. He was a prolific writer and his works are still widely read and studied.