April 2019
Intermediate to advanced
426 pages
11h 13m
English
Content preview from Mastering Python for Finance - Second Edition
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The Dow Jones industrial average and its 30 components
The Dow Jones Industrial Average (DJIA) is a stock market index that comprises the 30 largest US companies. Commonly known as the Dow, it is owned by S&P Dow Jones Indices LLC and computed on a price-weighted basis (see https://us.spindices.com/index-family/us-equity/dow-jones-averages for more information on the Dow).
This section involves downloading the datasets of Dow and its components into pandas DataFrame objects for use in later sections of this chapter.