Dow 30 Index
The Dow 30 Index, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that tracks 30 large, publicly traded blue-chip companies in the United States. These companies are leaders in their respective industries and are selected to represent a broad spectrum of the U.S. economy. The Dow is price-weighted, meaning that companies with higher stock prices have a greater impact on the index’s movement.
Example
The Dow 30 Index includes major companies like Apple, Microsoft, and Coca-Cola, representing various sectors of the U.S. economy.
Key points
• Tracks 30 large, blue-chip U.S. companies.
• Price-weighted index, with higher-priced stocks influencing the index more.
• Often used to gauge the health of the U.S. stock market.
Quick Answers to Curious Questions
The Dow 30 Index is a stock market index that tracks 30 large, blue-chip companies in the U.S.
It is price-weighted, meaning companies with higher stock prices have more influence on the index’s movements.
It is widely used as an indicator of the overall health of the U.S. stock market and economy.