Get the US30 KING STRATEGY to Make Money Like a PRO!
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The Dow Jones Industrial Average index is also referred to as the US 30 index or the Dow. It is a stock market index composed of 30 large companies quoted on the stock exchange in the USA. The index was established in 1896 by Charles Dow which means it is one of the oldest stock indices with a market capitalisation in excess of $8 (£6.37) trillions at the end of 2019. While similar indices are market capitalisation-weighted, this is not the case with Dow Jones, which is a price-weighted index. Consequently, changes in the price of any of the stocks included can have a positive or negative effect on its value.
Dow Jones is composed of companies representing different sectors except for transportation and utility. The companies are coming from industries such as financial services, technology, oil and gas, pharmaceuticals, personal products, etc. Some of the biggest companies, in terms of market capitalisation, included in the Dow Jones index are Microsoft, Apple, Visa and JP Morgan. Dow Jones provides an overview of the movement of the overall stock market and it serves as an indicator for economic health.
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