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Tue Nov 3, 2020, 12:02 PM

Rupert Murdoch (Fox) owns DOW Jones

Does this help explain the DOWS behavior?

“Dow Jones & Company was acquired by News Corp. in 2007 from the Bancroft family, who had owned the company since 1902.1 The company includes The Wall Street Journal, Barron's and Dow Jones Newswires.2 News Corp. is owned by newspaper mogul Rupert Murdoch who, in the purchase of Dow Jones, promised not to influence editorial content in The Wall Street Journal.3”
https://www.investopedia.com/ask/answers/100214/who-owns-dow-jones-company.asp

11 replies, 897 views

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Replies to this discussion thread
Arrow 11 replies Author Time Post
Reply Rupert Murdoch (Fox) owns DOW Jones (Original post)
OhNo-Really Nov 3 OP
greenjar_01 Nov 3 #1
DrToast Nov 3 #3
Happy Hoosier Nov 3 #2
LexVegas Nov 3 #4
onenote Nov 3 #5
kimbutgar Nov 3 #6
Dem2 Nov 3 #7
DrToast Nov 3 #8
OhNo-Really Nov 3 #10
DrToast Nov 3 #11
obnoxiousdrunk Nov 3 #9

Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:05 PM

1. Yeesh

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Response to greenjar_01 (Reply #1)

Tue Nov 3, 2020, 12:08 PM

3. +1

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:07 PM

2. That's not how it works.... NT

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:09 PM

4. Jesus Fucking Christ.

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:10 PM

5. No it doesn't

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:13 PM

6. I stopped reading the wsj when Murdoch purchased it

Now view it as Fox lite business reporting.

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:14 PM

7. No. NASDAQ, S&P500

A lot of people don't even follow the Dow any more.

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:18 PM

8. The explanation

The Dow Jones & Company that Ruppert Murdoch owns is a news service.

The Dow Jones as it relates to the stock market is an index of 30 stocks that is supposed to serve as a proxy for how the market is doing overall. (There's reasons why it's not the best index anymore, but that's beyond the scope of this message.)

Anyway, you're talking about two different things.

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Response to DrToast (Reply #8)

Tue Nov 3, 2020, 02:37 PM

10. And owned by Rupert Murdock.

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Response to OhNo-Really (Reply #10)

Tue Nov 3, 2020, 03:37 PM

11. Well, I tried

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Response to OhNo-Really (Original post)

Tue Nov 3, 2020, 12:40 PM

9. Oh No No Really ....

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