Dow Jones Transportation Average - DJTA
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Definition of 'Dow Jones Transportation Average - DJTA'
The Dow Jones Transportation Average is a price-weighted average of 20 transportation stocks traded in the United States. The average was started back in 1884.
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Investopedia explains 'Dow Jones Transportation Average - DJTA'
This index includes airlines, railways, trucking, and delivery companies.
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Get to know the most important market indices and the pros and cons of investing in them.
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Find out how the first market averages were calculated and what they mean for investors today.
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In Dow theory, more than one index must confirm a primary trend.
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Although the DJIA only includes 30 stocks, it can tell you a lot about the market as a whole.
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Find out how this index tracks market movements - and where it falls short.
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