The Dow Jones Industrial Average (DJIA) is an index of 30 large and publicly traded companies The Dow, as it is commonly referred to, is one of the oldest and most widely watched stock market indices in the world. It is jointly managed by S&P Dow Jones Indices, a division of S&P Global, and first calculated on May 26, 1896. The Dow is used as a proxy for tracking how the US stock market is performing in general, and is a helpful indicator for investors.
The 30 components of the DJIA are diverse, representing different industries and companies from around the world. Some of the companies included in the index are:
1. Apple Inc.: Apple is one of the world’s leading technology companies, offering computers, iPods, and iPhones.
2. Microsoft Corporation: Microsoft is a software company that offers a wide variety of products, from Windows operating systems to office suites like Microsoft Office.
3. Exxon Mobil Corporation: Exxon Mobil is one of the world’s largest integrated oil and gas companies.
4. JP Morgan Chase & Co.: JP Morgan Chase & Co. is one of the world’s largest financial services companies, providing banking and financial services to individuals, businesses, and governments.
5. Home Depot: Home Depot is a US home improvement retailer that offers a wide range of products, from appliances and paint to gardening tools and home decor.