![]() ![]() The bear market lasted until well after the end of the Second World War, when the index increased almost ten-fold in the following two decades, hitting 1,000 for the first time in 1966. Between 18, it went through a series of peaks and troughs before plunging to an all-time low of 41.22 on 8 July 1932. The index launched amid a bull market, and from its first close at 62.76 rose steadily until a peak of 78.38 in 1890. With ’s comprehensive chart, you can not only quickly view the value of the Dow Jones Industrial Average today, but also trace the index’s performance in historic terms. For example, as of April 2021, Apple has the highest market capitalisation of any company in the United States at over $2trn, but only a 2.57% weighting on the Dow. This is in opposition to the majority of other market indices which favour market capitalisation or industry size to weigh their constituents. The Dow is price-weighted, meaning the stocks with the highest share price have a greater influence on the index price than lower-priced stocks. There are no specific criteria a company must meet to be eligible for inclusion in the Dow, only that the company must be a large-cap, well-respected enterprise that “demonstrates sustained growth and is of interest to a large number of investors.” Companies are hand-picked by a committee of representatives from S&P Dow Jones Indices and The Wall Street Journal. Names such as Apple (AAPL), Microsoft (MSFT), Visa (V) and Intel (INTC) have been added as technology has taken a more important role in our lives. Following General Electric’s removal from the index in 2018, not a single company that formed the original index remains. Initial components of the index included prominent names such as American Cotton Oil Company, General Electric (GE) and the Tennessee Coal, Iron and Railroad Company, heavy industrial companies that, at the time, played a prominent role in the economy. This number was increased to 20 stocks in 1916, followed by an expansion to 30 stocks in 1928. Originally launched by Charles Dow in 1896, the Dow Jones Industrial Average originally comprised only 12 companies. Join and follow the Dow (US30) index live to spot the best trading opportunities. However, societal changes in recent years, coupled with criticisms of the methodology used to determine the index’s components, have led to suggestions that the Dow is no longer an accurate gauge of the market compared with other indices such as the S&P 500 (US500). The Dow Jones Industrial Average (DJIA), also known as the Dow Jones, Dow, USA 30 or US30, is a stock market index that measures the stock performance of 30 large publicly-listed companies on the United States stock exchanges.ĭespite being the second-oldest stock market index in the US, the Dow is still considered to be one of the leading benchmarks of the country’s stock market. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365).US Wall Street 30 Stay on top of the latest market moves with ’s Dow Jones (US30) chart Registered Address: 251 Little Falls Drive, Wilmington, DE 19808. FXP is not responsible for any trading decisions taken by persons not intended to view this material. Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice. This information is made available for informational purposes only. Information presented by FXP should be construed as market commentary, merely observing economical, political and market conditions. residents or individuals domiciled in the U.S. ![]() Any and all information provided by FXP is not intended for use by U.S. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.įX Publications Inc., abbreviated herein as FXP, (d.b.a DailyFX) is no longer a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. ![]() We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. ![]()
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