What Is the Djiboutian Franc (DJF)? The DJF is the ISO currency code for the Djiboutian franc, which is the official currency of the African country of Djibouti. The Djibouti franc is pegged to the U.S. dollar (USD) at a rate of $1 to 177.721 DJF. Key Takeaways The Djiboutian franc (DJF) is the official
What Is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average (DJIA), also known as the Dow 30, is a stock market index that tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange (NYSE) and Nasdaq. The Dow Jones is named after Charles Dow, who created the index in
What Is the Dow Jones STOXX Sustainability Index? The Dow Jones STOXX Sustainability Index was a stock index, first published in 1999, which focused on European companies that score highly on environmental, social, and governance (ESG) ratings. In 2010, Dow Jones terminated its collaboration with STOXX, while continuing to offer ESG-oriented stock indexes under different
What Is the Dow Jones Sustainability North America Index? The Dow Jones Sustainability North America Index is a stock market index made up of North American companies identified as sustainability leaders. The index is comprised of the top 20% of the largest 600 North American stocks in the S&P Global Broad Market Index (BMI), which
What Is the Dow Jones Sustainability World Index? The Dow Jones Sustainability World Index, or DJSI World, is a global index consisting of the top 10% of the largest 2,500 stocks in the S&P Global Broad Market Index based on their sustainability and environmental practices. The index was launched on Sept. 8, 1999, and is maintained by
What Is the Dow Jones Transportation Average? The Dow Jones Transportation Average (DJTA), sometimes simply known as the “Dow Transports” is a price-weighted average of 20 transportation stocks traded in the United States. The Dow Jones Transportation Average is the oldest U.S. stock index, first compiled in 1884 by Charles Dow, co-founder of Dow Jones
What Is the Dow Jones Utility Average (DJUA)? The Dow Jones Utility Average (DJUA) is one of the Dow Jones index groups that tracks the performance of a small group of prominent utility companies. It is a price-weighted average of 15 utility stocks traded in the United States. Dow Jones first created the DJUA back
What Is the Wilshire Mid-Cap Index? The Dow Jones Wilshire Mid-Cap Index is a mid-cap benchmark index maintained by Wilshire Indexes, launched in 1996. The Wilshire US Mid-Cap Index is a float-adjusted, market capitalization-weighted index of the issues ranked between 500 and 1,000 by market capitalization of the Wilshire 5000 Total Market Index (Wilshire 5000). Mid-cap (or
What Is Don’t Know (DK)? “Don’t know (DK)” is a slang expression for an out trade that is used when there is a discrepancy in the details of a trade. Also known as a “DK’d trade,” the expression refers to a situation where at least one of the parties involved claims to lack knowledge of
What Is Doctor Copper? The term Doctor Copper is market lingo for this base metal that is reputed to have a “Ph.D. in economics” because of its ability to predict turning points in the global economy. Because of copper’s widespread applications in most sectors of the economy—from homes and factories to electronics and power generation and
