You probably hear about the Dow Jones Industrial Average every day. But there may be a lot about its history and make-up that you don't know.

The Dow Jones Industrial Average (DJIA) was hamstrung near Monday’s opening bids at the start of a fresh trading week. The major equity index stuck close to the 42,200 level, with stock traders eyeing data risks and rate markets grappling with the odds of a follow-up cut from the Federal Reserve (Fed) in November.

You probably hear about the Dow Jones Industrial Average every day, but how much do you really know about it? Q: What is the Dow Jones Industrial Average anyway? A: It’s a venerable U.S. stock-market index that Charles Dow invented in 1896.

The Dow Jones shed over 300 points on Tuesday, with geopolitical tensions on the rise. Equities are slowly bouncing back but remain mired in the low side. Meager US ISM data did little to provide support for investors.