The Dow Jones Industrial Average is a widely followed barometer of stock performance. It, and its sibling the Down Jones Transportation Index, are believed to be the oldest indexes of stock performance in the world.
Summary From Wikipedia Edit
The Dow Jones Industrial Average (Template:Nyse2, also called the DJIA, Dow 30, or informally the Dow Jones or The Dow) is one of several stock market indices created by nineteenth century Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Dow compiled the index as a way to gauge the performance of the industrial component of America's stock markets. It is the oldest continuing U.S. market index, aside from the Dow Jones Transportation Average, which Dow also created.
"The Dow" Today Edit
Today, the average consists of 30 of the largest and most widely held public companies in the United States. The "industrial" portion of the name is largely historical—many of the 30 modern components have little to do with heavy industry. The average is price-weighted. To compensate for the effects of stock splits and other adjustments, it is currently a scaled average, not the actual average of the prices of its component stocks—the sum of the component prices is divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, to generate the value of the index. Since the divisor is currently less than one, the value of the index is higher than the sum of the component prices.
3M Co. New York SE MMM Alcoa Inc. New York SE AA American Express Co. New York SE AXP American International Group Inc. New York SE AIG AT&T Inc. New York SE T Bank of America Corp. New York SE BAC Boeing Co. New York SE BA Caterpillar Inc. New York SE CAT Chevron Corp. New York SE CVX Citigroup Inc. New York SE C Coca-Cola Co. New York SE KO E.I. DuPont de Nemours & Co. New York SE DD Exxon Mobil Corp. New York SE XOM General Electric Co. New York SE GE General Motors Corp. New York SE GM Hewlett-Packard Co. New York SE HPQ Home Depot Inc. New York SE HD Intel Corp. NASDAQ NMS INTC International Business Machines Corp. New York SE IBM Johnson & Johnson New York SE JNJ JPMorgan Chase & Co. New York SE JPM McDonald's Corp. New York SE MCD Merck & Co. Inc. New York SE MRK Microsoft Corp. NASDAQ NMS MSFT Pfizer Inc. New York SE PFE Procter & Gamble Co. New York SE PG United Technologies Corp. New York SE UTX Verizon Communications Inc. New York SE VZ Wal-Mart Stores Inc. New York SE WMT Walt Disney Co. New York SE DIS