The Dow Jones Industrial Average (DJIA), also known as the Dow, is a stock market index that tracks 30 large, publicly-owned blue-chip companies trading on the New York Stock Exchange (NYSE) and Nasdaq. It was created by Charles Dow, co-founder of both The Wall Street Journal and the Dow Jones & Company, and named after him and his business associate, statistician Edward Jones. The index is considered to be a gauge of the broader U.S. economy.
The DJIA is a price-weighted index, meaning that it does not always present an accurate reflection of the broader stock market. The indexs composition can change over time based on economic trends. As of August 31, 2020, the Dow Jones Industrial Average consists of the following companies:
- 3M
- American Express
- Amgen
- Apple
- Boeing
- Caterpillar
- Chevron
- Cisco Systems
- Coca-Cola
- Dow Inc.
- Goldman Sachs
- Home Depot
- Honeywell
- IBM
- Intel
- Johnson & Johnson
- JPMorgan Chase
- McDonalds
- Merck & Co.
- Microsoft
- Nike
- Procter & Gamble
- Salesforce.com
- The Travelers Companies
- UnitedHealth Group
- Verizon Communications
- Visa
- Walgreens Boots Alliance
- Walmart
- Walt Disney
The DJIA is widely watched as a benchmark index in the U.S. for blue-chip stocks.
