Charles Henry Dow: The Man Who Created Modern Economics

By Karen Harris
The day's numbers for the Dow Jones Industrial Average are displayed on a screen at the Nasdaq MarketSite in Times Square. Source: (Photo by Drew Angerer/Getty Images)

Every time you discuss stocks and the movement of the financial market, you probably refer to the Dow Jones, or maybe even just the Dow. The Dow Jones Industrial Average is a measurement of the stock performances of the 30 largest companies listed on the U.S. stock exchange. Contrary to popular belief, Dow Jones was not the name of the person who founded this organization. It was a merger of two of the last names of the three founders of the Down Jones Industrial Average. Those three gentlemen were Charles Henry Dow, Edward Jones, and Charles Bergstresser. Let's take a look at one of these men, Charles Henry Dow.