Dow Jones Industrial Average-what is the Dow Jones Industrial Average?
Dow Jones Industrial Average is the world's oldest stock index, its called the stock price averages. In 1884 by Dow Jones & Company founder Charles Road starting from prepared. Dow Jones Industrial Average is the world's most influential and most authoritative of a stock price index, because the Dow Jones stock price average stocks chosen are representative and distributor of these stocks are the industry has an important influence The well-known companies, their stock prices for the attention of the world's stock markets, countries attached great importance to investors.
U.S. Dow Jones index - list of constituent stocks Dow Jones stock price average initial calculation (skills) is obtained by simple arithmetic average method. It is 1884 by Dow Jones & Company founder Charles began the preparation of the Tao. Its initial stock price of Dow Jones average is based on 11 kinds of representative of the railway company's stock, calculated using the arithmetic average method compiled and published in Charles Road, compilation and publication of his "Daily Newsletter" on. Its calculation formula is: The average stock price = price of selected stocks and / the number of selected stocks .
Since 1897, the Dow Jones average stock price began to be divided into two major categories of industrial and transport sectors, including industrial average stock price index includes 12 stocks, transportation average index includes 20 stocks, and began the company in the Dow Jones published in "Wall Street Journal" published. In 1929, the Dow Jones stock price average utility stocks added to the stock included 65 species, and has been continued ever since.
The most important thing is 30 stocks. At present, the Dow Jones index of stock prices on average were divided into four groups, the first average index of industrial stock prices (Dow Jones Industrial Average). It consists of 30 representative stocks composed of large industrial and commercial companies, and with the economic development of larger, less able to reflect the entire U.S. commercial and industrial stock price level, which is commonly referenced by the Dow Jones industrial average of stock prices . Now Dow Jones stock price average index is based on October 1, 1928 as the base period, because this day when the Dow Jones closing stock price average of just about 100 U.S. dollars, it will be set as the base date.
Constituent stocks of the old list (Dow Jones 30 index) Alcoa AA ALCOAInc the New York Stock Exchange (NYSE) American Express AXP AmericanExpressCo the New York Stock Exchange (NYSE) The Boeing Company BA TheBoeingCo New York Stock Exchange (NYSE) C Citigroup, Inc Citigroup New York Stock Exchange (NYSE) CAT CaterpillarInc Heavy Industries to develop the New York Stock Exchange (NYSE) DDE.I. DuPont DeNemours & Co (DuPont) DuPont, the New York Stock Exchange (NYSE) The Walt Disney Company DIS The Walt DisneyCo the New York Stock Exchange (NYSE) Kodak EK EastmanKodakCo the New York Stock Exchange (NYSE) (Kraft Foods Co., Ltd.) General Electric GE GeneralElectricCo the New York Stock Exchange (NYSE) General Motors GM GeneralMotorsCorp the New York Stock Exchange (NYSE) HD Home Depot Inc Home storage company in New York Stock Exchange (NYSE) Honeywell HON Honeywell InternationalInc the New York Stock Exchange (NYSE) (has been lowered, Chevron) HPQ Hewlett-PackardCo Hewlett-Packard (Compaq) Company New York Stock Exchange (NYSE) International Business Machines Corp. IBM InternationalBusinessMachinesCorp New York Stock Exchange (NYSE) Intel Corporation INTC IntelCorp Nasdaq (Nasdaq) International Paper IP InternationalPaperCo New York Stock Exchange (NYSE) (in lieu of PFIZER Pfizer pharmaceutical company) JNJ Johnson & JohnsonInc Johnson & Johnson New York Stock Exchange (NYSE) JPM JPMorganChase & CoJP Morgan, the New York Stock Exchange (NYSE) KO Coca-ColaCo (Coke) Coca-Cola New York Stock Exchange (NYSE) McDonald's MCD McDonaldsCorp New York Stock Exchange (NYSE) MMM MinnesotaMining & ManufacturingCo Minnesota Mining and Manufacturing Company (3M Company) New York Stock Exchange (NYSE) Philip Morris MO PhilipMorrisCompaniesInc New York Stock Exchange (NYSE) Merck & Co. MRK Merck & CoInc the New York Stock Exchange (NYSE) MSFTMicrosoftCorp Microsoft Corporation NASDAQ (Nasdaq) PGTheProcter & GambleCo Procter & Gamble Company, New York Stock Exchange (NYSE) SBC SBC SBCCommunicationsInc the New York Stock Exchange (NYSE) TAT & TCorp AT & T, the New York Stock Exchange (NYSE) (Verizon Communications Inc. Verizon replaced) United Technologies Corp. UTX UnitedTechnologiesCorp New York Stock Exchange (NYSE) Wal-Mart WMT Wal-MartStoresInc New York Stock Exchange (NYSE) Exxon Mobil Corporation XOM ExxonMobilCorp New York Stock Exchange (NYSE)
