I initiate our very own research of dating ranging from economic development and you may monetary es of your 29 businesses that was listed in the fresh new Dow jones Commercial Average (DJIA) between 2 nd , an occasion where i’ve exchange regularity and you may rate investigation for the DJIA parts
At any one-time, the new DJIA contains 31 businesses. But not, Site visitors changed Citigroup from the DJIA throughout the studies. In the calculations reported, we consider stock study and you will information data for of them people. Complete details of the business labels included in the fresh corpus studies are provided throughout the Second Pointers (Dining table S1).
I browse the the relationship anywhere between demand for a friends throughout the news and you will demand for a pals regarding inventory places
Brings having enterprises placed in brand new DJIA are exchanged in the Ny Stock-exchange (NYSE), discover between nine:29 have always been and you may cuatro pm Ny big date (for the majority of the season, 2:30 pm so you can 9 pm London time). I would it analysis as well as adopting the analyses to have change months only, excluding every sundays and you can financial getaways.
In Figure 2, we take Bank of America as an example for this analysis and plot the number of daily mentions of “Bank of America” against daily transaction volume for Bank of America.