You must be wondering which stocks are in the Dow Jones. But how would you understand when you don’t know what Dow Jones is?
So before anything else, you must understand what Dow Jones is. For instance, most people interested in stocks would know about it, but ordinary people don’t understand it. Therefore, it is essential to understand what Dow Jones is before investing in stocks. Above all, before anything else, let’s retrace the Dow Jones concept.
What Is Dow Jones?
The Basics
You might have heard about Dow Jones, but do you know what it is exactly? Well, Dow Jones is the industrial average, which is a stock market index. This balance is a stock market index that focuses on and tracks the top 30 publicly owned companies—this large publicly owned industry trades in the New York stock exchange.
The Inventors Of Dow Jones
In 1896 the American journalist Charles Dow invented the Dow Jones Industrial Average. He created the Dow Jones Industrial Average with his partner Edward Jones. You might have heard the news reporter often telling the market is up, and by that, he means the Dow Jones Industrial Average is up.
The Companies The Dow Jones Includes
Dow Jones stocks are the most-watched in the stock market. Furthermore, there is a varied range of companies, including all the top indexed. Some of these representations are Walt Disney, Microsoft Corporation, and many other top tier companies.
How did the Dow Jones close today?
The Daily Ups And Downs
These top-tier companies that comprise the Dow Jones Industrial Average grow more and more. The growth of these companies depends upon the market, and when we say the market is up, we refer to these thirty companies and how they are behaving in a particular time reference. On December 24, 2020, the market was up by 0.23%. And it closed at 30199.87.
Based on the previous trends, we can see that the market is increasing and going up, which means that the stocks are getting better.
The Future Trend Of The Dow Jones
If you wonder what Dow Jones’s future is, we can say that it will increase with time and based on the market trend. We can say that the stocks grew, and after many ups and downs all over the day, they ended at a good value. The Dow Jones Industrial Average at which the market closed today was 30199.87. We can declare that the market went up to 70.04 points, which was around 0.23% more than yesterday’s previous range. The Dow Jones Industrial Average opened at 30,155.92 and closed at the above field.
This is the chart of the stock market listed company Dow Jones. Don’t confuse it with the index Dow Jones Industrial Average, ^DJI. You’ll find the chart for the index below.
Now that the market is closed, you must also be wondering that at what time does the Dow Jones close. Let’s talk about that as well.
At what time does the Dow Jones close?
As the Dow Jones, refers to as the top tier companies in the stock market, it starts trading the same time the stock market of New York starts; and closes when the stock market closes. It begins trading at 9:30 a.m. and closes at 4 p.m. The market capital is 8.33 trillion as per the data of December 2019. And the price-weighted index is the weighing method of Dow Jones. The exchanges that used out Jones stocks are the New York stock exchange and NASDAQ.
What Stocks Does The Dow Jones Include?
When you wonder what stocks the Dow Jones includes, you must know that it consists of top-tier companies. The top companies include Intel, Caterpillar, Apple, IBM, McDonald’s, Microsoft, Procter and Gamble, Pfizer, and many other companies. Visa and Walmart are the other two companies that are included in the list as well. You will also find ChevronCorporation and General Electric on the list as well. The top stocks included in DOW jones define these stocks’ credibility even more.
Historic Milestones
In history, we have seen some significant milestones of Dow Jones. These companies listed under Dow Jones have been making progress over time and are also known as the top companies with greater rewards and benefits.
The All-Time Highs
These top companies start trading with the start of the stock market and stop as the stock market closes. The latest milestone included closing the stock at the 30000 marks, a significant milestone in history. Also, on November 16, the trade market broke its pre-Corona record. The highest points were 29950.44.
The Post-Corona Records
Some other records included February 12, 2020, to the 2020 high on which it broke the pre-crisis record. Moreover, during March, the market also crashed because of the coronavirus. It closed at below 20000 points and decreased every day by 3000 points. However, it soon recovered from the crashes on November 16. For Dow Futures, the CNN website is the best platform. Dow Jones-live is also available on this website.
The Bottom Line
The Dow Jones Industrial Average is a well-known index in the stock market. The New York stock market benchmark contains all the blue-chip companies and stocks of large and top-tier organizations. It uses the price-weighted index to track the large 30 companies owned for trading in the New York stock exchange. The Dow Jones was created in 1896 by two partners. And even now, it is daily usage and plays a significant known aspect in the stock exchange industry. However, some critics do not like Dow Jones’s idea about the stock exchange and all the companies.
The Dow Jones Industrial Average includes the top 30 companies, including McDonald’s and Microsoft Corporation.
Some other companies include Coca-Cola and Intel as well. Many other companies shape the stock of New York. Also, these companies justify the credibility of DOW jones.
