The Dow Jones index is one of the largest and oldest global stock indexes. It first appeared as an index in 1896. Dow Jones & Company owner, Charles Dow, and his business partner Edward Jones started the index. Dow Jones was created to track the development of industry in the US stock markets. It has changed throughout its over one-hundred-year history, increasing its effectiveness. At the very beginning, it was calculated as the average arithmetic value of securities of the 12 most influential financial giants of the United States. Now Dow Jones covers the 30 largest US companies.
The over 100-year history of the Dow Jones Index speaks of its objectivity. It is possible to monitor how the US economy has developed and changed in comparison with the global economy.
The companies included in the index automatically confirm their reliability and sustainability.
The calculation method is simple, which allows you to track the reasons for its changes.
For objectivity, the S&P 500 is sometimes used alongside the Dow Jones Index.
The Dow Jones live price is continually changing. It is the arithmetic average of the daily stock price of 30 US financial giants during the stock market closing. It is a quantity measured in points. Put simply, an increase in the Dow Jones price shows an increase in the value of companies; its fall indicates a decrease in business activity and a decrease in capital volumes. Most notably, the list of companies is not permanent. Periodically, rotation takes place in it to fully reflect the real state of affairs.