The Dow Jones Industrial Average (DJIA), or basically the Dow is a stock showcase index that demonstrates the estimation of 30 extensive, openly possessed organizations situated in the United States, and how they have exchanged the stock market during different times of time. These 30 organizations are likewise incorporated into the S&P 500 Index.
The estimation of the Dow isn’t a weighted number juggling mean and does not speak to its segment companies’ market capitalization, yet rather the aggregate of the cost of one offer of stock for every part organization. The entirety is redressed by a factor which changes at whatever point one of the segment stocks has a stock split or stock profit, in order to create a steady an incentive for the index.
It is the second-most seasoned U.S. advertise list after the Dow Jones Transportation Average, made by Wall Street Journal editor and Dow Jones and Company co-founder Charles Dow. Presently claimed by S&P Dow Jones Indices, which is larger part possessed by S&P Global, it is the best known about the Dow Averages, of which the first (non-modern) was initially distributed on February 16, 1885. The midpoints are named after Dow and one of his business partners, statistician Edward Jones. The mechanical normal was first determined on May 26, 1896.
The Industrial portion of the name is to a great extent authentic, the same number of the cutting edge 30 segments have nearly nothing or nothing to do with conventional substantial industry. Since the divisor is as of now short of what one, the estimation of the list is bigger than the aggregate of the part costs. In spite of the fact that the Dow is accumulated to measure the execution of the modern part inside the American economy, the record’s execution keeps on being affected by corporate and monetary reports, yet in addition by local and remote political occasions, for example, war and psychological warfare, just as by cataclysmic events that could conceivably prompt financial mischief.
Since April 2, 2019, the Dow Jones Industrial Average has comprised of the accompanying organizations:
Company Exchange Symbol Industry Date Added Notes
3M NYSE MMM Conglomerate 1976-08-09 as Minnesota Mining and Manufacturing
American Express NYSE AXP Financial services 1982-08-30
Apple NASDAQ AAPL Information technologies 2015-03-19
Boeing NYSE BA Aerospace and defense 1987-03-12
Caterpillar NYSE CAT Construction and mining equipment 1991-05-06
Chevron NYSE CVX Oil and gas 2008-02-19 also 1930-07-18 to 1999-11-01
Cisco Systems NASDAQ CSCO Information technologies 2009-06-08
Coca-Cola NYSE KO Food 1987-03-12 also 1932-05-26 to 1935-11-20
Dow Inc. NYSE DOW Chemical industry 2019-04-02
ExxonMobil NYSE XOM Oil and gas 1928-10-01 as Standard Oil of New Jersey
Goldman Sachs NYSE GS Financial services 2013-09-20
The Home Depot NYSE HD Retail 1999-11-01
IBM NYSE IBM Information technologies 1979-06-29 also 1932-05-26 to 1939-03-04
Intel NASDAQ INTC Information technologies 1999-11-01
Johnson and Johnson NYSE JNJ Pharmaceuticals 1997-03-17
JPMorgan Chase NYSE JPM Financial services 1991-05-06
McDonald’s NYSE MCD Food 1985-10-30
Merck and Company NYSE MRK Pharmaceuticals 1979-06-29
Microsoft NASDAQ MSFT Information technologies 1999-11-01
Nike NYSE NKE Apparel 2013-09-20
Pfizer NYSE PFE Pharmaceuticals 2004-04-08
Procter and Gamble NYSE PG Consumer goods 1932-05-26
Travelers NYSE TRV Insurance 2009-06-08
UnitedHealth Group NYSE UNH Managed wellbeing care 2012-09-24
Joined Technologies NYSE UTX Conglomerate 1939-03-14 as United Aircraft
Verizon NYSE VZ Telecommunication 2004-04-08
Visa NYSE V Financial services 2013-09-20
Walmart NYSE WMT Retail 1997-03-17
Walgreens Boots Alliance NASDAQ WBA Retail 2018-06-26
Walt Disney NYSE DIS Broadcasting and entertainment 1991-05-06
Historical segments of the Dow Jones Industrial Average
The segments of the DJIA have changed multiple times since its start on May 26, 1896. General Electric had the longest nonstop nearness on the list, starting in 1907 and finishing in 2018. Later changes to the list incorporate the accompanying:
On April 8, 2004, American International Group Incorporated, Pfizer Incorporated, and Verizon Communications Incorporated replaced AT&T Corporation, Eastman Kodak Company, and International Paper Company.
On February 19, 2008, Chevron and Bank of America replaced Altria Group and Honeywell. Chevron was already a Dow part from July 18, 1930, to November 1, 1999. Amid Chevron’s nonappearance, its split-balanced cost per share went from $44 to $85, while the cost of oil ascended from $24 to $100.
On September 22, 2008, Kraft Foods Inc replaced the American International Group (AIG) in the index.
On June 8, 2009, the Travelers Companies and Cisco Systems replaced General Motors Corporation and Citigroup. Cisco turned into the third organization exchanged on the NASDAQ to be a piece of the Dow.
On September 24, 2012, UnitedHealth Group replaced Kraft Foods Inc following Kraft’s part into Mondelēz International and Kraft Foods Group.
On September 20, 2013, Goldman Sachs, Nike, and Visa replaced Alcoa, Bank of America, and Hewlett-Packard. Visa replaced Hewlett-Packard as a result of the split into HP Inc. and Hewlett Packard Enterprise
On March 19, 2015, Apple replaced AT&T, which had been a segment of the DJIA since November 1916. Apple turned into the fourth organization exchanged on the NASDAQ to be a piece of the Dow.
On September 1, 2017, DowDuPont replaced DuPont. DowDuPont was framed by the merger of Dow Chemical Company with DuPont.
On June 26, 2018, Walgreens Boots Alliance replaced General Electric, which had been a segment of the DJIA since November 1907, in the wake of being a piece of the debut file in May 1896 and a great part of the 1886 to 1907 period.
On April 2, 2019, Dow, Inc. replaced DowDuPont. Dow, Inc. is a turn off of DowDuPont, itself a merger of Dow Chemical Company and DuPont.