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When was the Dow Jones average created?

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The index was started in 1884 by Charles Dow (1851-1902) and Edward Davis Jones (1856-1920) as an average consisting mostly of railroad stocks. 1896, Dow Jones created the industrial average (with 12 stocks) and separated the railroad stocks into a separate average (renamed the transportation index in 1970); daily publication of the average began in the Wall Street Journal later that year.

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