What is the impact of the Dow's 767 point decline on China? What is the Dow Jones index?

at 16:00 p.m. Eastern time on August 5 (04:00 p.m. Beijing time on August 6), the Dow fell 767.27 points, or 2.90%, to 25717.74; The S & P 500 index fell 87.31 points, or 2.98%, to 2844.74; The NASDAQ fell 278.03 points, or 3.47%, to 7726.04. Major stock indexes suffered their biggest daily decline so far this year. The tense international trade relations have frustrated the market risk appetite, and the global market is generally lower. Crude oil futures prices fell sharply.

As of Monday's close, both the S & P 500 index and the NASDAQ had recorded declines for six consecutive trading days. The Dow closed down for the fifth consecutive day.

What does the Dow Jones index mean? What impact does it have on China?

The Dow Jones index was first established by Charles middot, the founder of Dow Jones company, in 1884; Henry & middot; An arithmetic average stock price index compiled by Charles Henry Dow (1851-1902). Dow Jones index is the oldest stock index in the world. Its full name is stock price average index.

Generally, the Dow Jones index may refer to the Dow Jones industrial average, the first of the four groups of the Dow Jones index. The Dow Jones index, also known as $US30, the Dow Jones stock price average, is the most influential and widely used stock index in the world. It takes some representative company stocks listed on the New York Stock Exchange as the preparation object, and is composed of four stock price average indexes.

On December 5, 2018 (US local time), after MSCI and FTSE Russell successively incorporated a shares into their index system, S & P Dow Jones Indexes, the world's largest financial market index provider, officially announced that qualified Chinese A shares that can be traded through the Shanghai Hong Kong stock connect and Shenzhen Hong Kong stock connect mechanisms will be included in its global benchmark index classified as emerging markets, The inclusion will take effect before the market opening on September 23, 2019 and will be classified as' emerging market '.

In order to provide Chinese and global investors with a tool to accurately track China's stock market, the Dow Jones Global Index Series adopts the same strict standards as the Dow Jones Global Index. The Dow Jones index uses tradable shares to select constituent shares and compile the index, excluding state-owned shares and unlisted employee shares, so as to provide investors with an accurate representative index, so as to reflect the actual number of stocks that investors can trade. When the Dow Jones index calculates the circulating market value to select constituent stocks, it does not include large holdings.