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The Dow Jones Industrial Average (DJIA) was founded by 1896 by Charles Dow and is made up of the 30 companies with large market captails in their industries. The companies are chosen Dow Jones & Co. and published by the Wall Street Journal, a publication of the company. Due to the ever changing business world's landscape the companies in the index are always changing. The companies in the DJIA as of June 2007 are:
- Alcoa Inc. (AA)
- American International Group Inc. (AIG)
- American Express Inc. (AXP)
- Boeing Co. (BA)
- Citigroup Inc (C)
- Caterpillar Inc. (CAT)
- DuPont & Co. (DAD)
- Walt Disney Co. (DIS)
- General Electric Co. (GE)
- General Motors (GM)
- Home Depot Inc. (HD)
- Honeywell Inc. (HON)
- Hewlett Packard Co. (HPQ)
- International Business Machines (IBM)
- Intel Corp. (INTC)
- Johnson and Johnson (JNJ)
- JP Morgan Chase Co. (JPM)
- Coca Cola Co. (KO)
- McDonalds Corp. (MCD)
- 3M Company (MMM)
- Altria Group Inc. (MO)
- Merck Company Inc. (MRK)
- Microsoft Corp. (MSFT)
- Pfizer Inc. (PFE)
- Procter Gamble Co. (PG)
- AT&T Inc. (T)
- United Tech (UTX)
- Verizon Communications (VZ
- Wal-Mart Stores (WMT)
- Exxon Mobil Corp. (XOM)
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What is dow Jones today and what is it's purpose?
The Dow Jones today was trading at 1.42% lower at 10,834.94. The purpose of the Dow Jones is to show every one how a vast selection of the top public US companies are trading.
What does the Dow Jones Index indicate about the economy?
The Dow Jones Index (typically the Dow Jones Industrial Average) indicates the relative value of companies based on an average of the 30 largest and most widely-known companies. If the Dow Jones is high, it is assumed that the economy is doing well as profits are high and citizens are spending money.
What does Dow stand for?
The "Dow" is the Dow Jones Industrial Average which consists of 30 of the largest and most widely held public companies in the United States. It is the second-oldest U.S. market index (after the DJ Transportation Average) and is the most oft cited for stock market performance in the U.S.
What's the Dow Jones?
The Dow Jones Industrial Average is a system of monitoring the stock market. The DJIA tracks the 30 "largest" (stocks wise) companies in the US. It is used to monitor the performance of the Stock Market.
Dow Jones Index Definition?
The New York Stock Exchange is the largest stock exchange in the world by market capitalization. The more than 2,000 companies listed account for more than 13 trillion dollars of capital. When investors look for an indication of market trends, they generally look at one of the many market indexes used to measure market buys and sells. One of the most closely watched market indexes is the Dow Jones Index, established in 1896. It shows how 30 of the largest publicly-traded U.S. companies have traded during any given session.What are the Dow components?The Dow Jones Index includes some of the largest and most well-known companies in many sectors of the U.S. economy. The companies are a mix of historically iconic names, such as Dupont, Proctor & Gamble, Exxon Mobil and General Electric, and newer companies that are more recent corporate successes, such as Wal-Mart, Microsoft, Intel and McDonald's. Occasionally the make-up of the Dow Index changes. Companies are added or dropped as company stock prices and overall economic health decline. In 2008 for instance, Kraft Foods replaced American International Group (AIG), and, in 2009, The Travelers Companies and Cisco Systems replaced General Motors and Citigroup. When companies are replaced, the scale calculations and weighted average equations are adjusted, so the average price remains the same, and the overall Dow level does not flucuate due to the addition or removal of companies.Many of the companies included in the Dow Jones Index are considered "blue chip" stocks and, thus, good long-term investments. Why the Dow is so widely used as an indexThe 30 companies that make up the Dow Jones Index tend to trade heavily during an average trading session. That heavy trading, along with the combined volume of shares issued by these 30 companies, provides a good benchmark or indicator about what the rest of the market is doing. The idea behind the Dow index is that as the publicly-traded stocks of these powerful companies go, so goes the rest of the market. So when the news reports that the Dow Index dropped 300 points, it means that many investors sold their investments and took some of their money out of the stock market.The Dow Jones Index is based on 30 of the most stable publicly-traded companies in the market. Therefore, when the stocks of these companies fluctuate up or down, it is a good indication of how the rest of the stock market is performing. The Dow Jones Index is one of the most historically reliable indexes to indicate the health and volatility of market investments.
How many companies make up the Dow Jones overall?
Thirty companies make up the Dow Jones Industrial Average, including prestigous companies such as American Express, Bank of America, ExxonMobil and Home Depot.
Are Dow Jones companies only traded on the NYSE?
No-- for example MicroSoft is one of the Dow thirty and its primary trading exchange is the Nasdaq-NMS
What is dow Jones today and what is it's purpose?
The Dow Jones today was trading at 1.42% lower at 10,834.94. The purpose of the Dow Jones is to show every one how a vast selection of the top public US companies are trading.
When was Dow Jones Industrial Average created?
The Dow Jones Industrial Average was founded in May 1896. It is based on thirty large companies that trade in the US and the average is created by weighting the stock prices to get a realistic overal value.
How many companies make Dow Jones indutrial average?
there are 13,000 compenies listed on Dow Jones.
What are the top thirty pharmaceutical companies in the Kenya?
top losistics players providing service to pharmaceutical sector in Kenya ?
How many stocks are followed in the Dow Jones industrial?
thirty
What is the Dow Jones figure?
The Dow Jones Industrial Average is one of several Indices created using a collection of stocks, which are changed over time. The DJIA is based on 30 top companies in the US.
How many stocks are followed in the Dow Jones industrial averages?
thirty
What are the Dow Jones index equivalents in London?
The British equivalent of the Dow Jones Industrial Average, the FTSE 100 (pronounced "footsie") is an index of the top 100 most highly capitalized companies traded on the London Stock Exchange.
How many companies listed on Dow Jones?
30
How many stocks comprise the Dow Jones?
The Dow Jones Industrial Average is a scaled average of the thirty (30) most widely-held stocks in America.
