Dow Jones Industrials
By: Viktor Ka | Posted: 07th April 2008
The Dow Jones Industrial Average Index is tracked at the New York Stock Exchange under the ticker DJI (NYSE: DJI) and is maintained and reviewed by editors of The Wall Street Journal. The Dow Jones Industrial Average Index is also called the DJIA or informally the Dow Jones or the Dow 30 or simply the Dow. The Dow index is one of the most watched indexes over the world, which was created together with several other stock market indices in the nineteenth century by Charles Dow (Wall Street Journal editor and Dow Jones & Company co-founder). It is the oldest U.S. stock market index, after the Dow Jones Transportation Average and one of the most used indexes in the technical analysis.The first time the DJIA index was published in Customer's Afternoon Letter on May 26, 1896, and at that time the Dow represented the average of twelve stocks from various important American industries. The number of stocks included into the index was increased to 20 in 1916 and in 1928 this number was increased to 30 stocks.Now, the Dow Jones Industrial Average consists of 30 of the biggest public companies in the United States. Majority of these companies have nothing to do with the heavy industry; furthermore the "industrial" part of the DJIA name is just historically inherited. The Dow index is a price-weighted index and it is a compiled index as a way to gauge the performance of the of America's stock markets. As of March 2008 al companies included in the DJI index are traded on the New York Exchange (NYSE) with exception of the Microsoft (MSFT) which was added to DJI in 1999 and is traded on the NASDAQ.As of March 2008 the Dow Jones Industrials Average consists of the following 30 companies:1. 3M 2. Alcoa 3. American Express 4. American International Group 5. AT&T6. Bank of America 7. Boeing 8. Caterpillar 9. Chevron Corporation 10. Citigroup11. Coca-Cola 12. DuPont 13. ExxonMobil 14. General Electric 15. General Motors 16. Hewlett-Packard 17. Home Depot 18. Intel 19. IBM 20. Johnson & Johnson 21. JPMorgan Chase 22. McDonald's 23. Merck 24. Microsoft 25. Pfizer 26. Procter & Gamble 27. United Technologies Corporation 28. Verizon Communications 29. Wal-Mart 30. Walt Disney This article is free for republishing
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