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Get all information on the Dow Jones Index
The Dow Jones Industrial Average (DJIA) is a stock market index that measures the performance of 30 large companies listed on stock exchanges in the United States. The index is widely used as a barometer of the overall health of the U.S. stock market. The DJIA was created by Charles Dow and Edward Jones in 1896, and it is one of the oldest stock market indices in the world.
The DJIA is calculated by summing the prices of the 30 component stocks and dividing by a divisor that is adjusted to ensure that the index remains constant over time. The index is weighted by the price of each component stock, so that stocks with higher prices have a greater impact on the index than stocks with lower prices.
The DJIA is a widely followed index, and it is often used as a benchmark for the performance of other stock market indices. The index is also used as a basis for a variety of investment products, such as index funds and exchange-traded funds.
Historical chart news and constituents
The DJIA has a long history, and it has been through many ups and downs over the years. The index has been through several major market crashes, including the Crash of 1929 and the Great Depression. However, the DJIA has also had many periods of strong growth, and it has reached record highs on several occasions.
The DJIA is currently composed of 30 of the largest companies in the United States. The companies that make up the index are chosen by a committee of editors from The Wall Street Journal. The committee considers factors such as the company's size, its industry, and its financial performance when making its decisions.
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