Dow 30 Index
What is the Dow 30 index?
This is a flagship stock index in the US, made up of the 30 largest companies from a range of industries. They are all based in America and traded on either the New York Stock Exchange (NYSE) or NASDAQ. Named after the first Wall Street Journal editor, Charles Dow, and his business partner, Edward Jones, it's also known as the Dow Jones Industrial Average or just simply the Dow.
Where have you heard about the Dow 30 index?
The Dow is one of the most recognised stock market indices in the world, which you’ll always see included in business news round-ups. Along with the FTSE 100 in London and the Nikkei 225 in Tokyo, it's one of the most closely followed indices.
What you need to know about the Dow 30 index...
The Dow is packed with heavyweight global brands. As of February 2017, it included the likes of Apple, Nike, Microsoft, Disney, Wal-Mart, Coca-Cola and American Express.
It’s a price weighted index, which means higher-priced stocks have more influence over the index’s performance than lower-priced ones.
The Dow is, along with the FTSE 100 Index in London, the Nikkei 225 in Tokyo and its fellow US index, the Standard & Poor's 500, one of the most closely followed indicators in the financial world.