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Dow Jones

trashcan_2
trashcan_2 Posts: 309 Forumite
in Savings & investments
Can anyone please tell me why, when the Dow Jones opens they all stand around clapping. Who are they and what have they got to clap about and why?


Cheers.

Comments

  • dunstonh
    dunstonh Posts: 121,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    American. Need I say more?
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • barrooo
    barrooo Posts: 322 Forumite
    They're actually a bunch of trained seals, at the closing bell they play a terrific tune on the horn arrangements.

    Really, I believe they're board members etc from listed companies... i bet they sure weren't clapping this week though
  • k8r4u
    k8r4u Posts: 81 Forumite
    The Opening (and closing) bell is bonged to mark the trading hours of the NYSE (not the DOW which is just an index). Google "NYSE opening bell for stuff about who's rung it etc.

    It's a ceremonial thing, like switching on the Christmas Lights on Oxford St. Joe Bloggs could do it, but it's a bit more fun if they bring a few celebs in to do it.
  • hermanmunster_3
    hermanmunster_3 Posts: 647 Forumite
    dunstonh wrote: »
    American. Need I say more?

    Absolutely!!!!!!!


    OK switching on the Xmas lights - but every day????? even when the whole day has gone so badly???
  • trashcan_2
    trashcan_2 Posts: 309 Forumite
    Yes they were clapping this week. What did they have to clap about this weak? let alone on a normal day.
  • richardlionheart
    richardlionheart Posts: 276 Forumite
    i must admit it does seem funny , there smiling faces and clapping way , while Rome burns .

    perhaps fancy dress themes are planned for this Halloween , to cheer up the traders.
  • hollydays
    hollydays Posts: 19,812 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ..someone please tell me they don't also go "woo woo"..
This discussion has been closed.
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