Abstract
This paper tries analyzing the Dow Jones Industrial Average, “a price-weighted index of 30 blue-chip stocks, that has been a reliable indicator of stock market movement since October 1, 1928” (Bloomberg, 2012). An attempt has been made to study the evolution of the stock index over a 5-year period, focusing on the predominant changes it has undergone in terms of the trading volume, trends and also interest rate changes. The analysis revealed a somewhat erratic pattern of the stock index movement, as clearly depicted by a consistent and prolonged downtrend of the market index since the middle of 2007 most likely as a result of ...
