The new dow

You're referring to the Dow Jones Industrial Average (DJIA)!

The Dow Jones Industrial Average (DJIA) is a stock market index that represents the performance of 30 large, publicly traded companies in the United States. It is widely considered to be a leading indicator of the overall health of the US stock market and economy.

Here are some key facts about the Dow:

  1. Composition: The DJIA is made up of 30 companies, which are selected by the editors of The Wall Street Journal. The companies are chosen based on their market size, industry representation, and financial performance.
  2. Weighting: The DJIA is a price-weighted index, meaning that the companies with higher stock prices have a greater influence on the index's performance.
  3. Calculation: The DJIA is calculated by adding up the prices of the 30 component stocks and dividing by a divisor, which is adjusted periodically to account for stock splits, mergers, and other corporate actions.
  4. History: The DJIA was first published in 1896 and has been continuously calculated since 1897.
  5. Components: The DJIA includes a diverse range of companies from various industries, including technology, healthcare, finance, consumer goods, and energy.
  6. Performance: The DJIA has historically been a strong performer, with an average annual return of around 10% since its inception.

Some of the current components of the DJIA include:

Keep in mind that the DJIA is just one of many stock market indices, and there are many other indices that track different segments of the market.