Wall Street Journal in 1889 and began computing a daily industrials average in 1897.
Dow Jones publishes averages based on 20 transportation stocks, 15 utility stocks, and 30 selected industrial stocks, as well as a composite average of all three; the industrial-stocks average is universally followed by U.S. and international investors. The company also publishes several {{link=bond">bond averages. See also NASDAQ ; stock exchange .