DJIA Stock Price, History, and Current Components

DJIA stock price reflects the current value of one of the most popular and recognizable stock market indices. Also known as the “Dow Jones” or the Dow Jones Industrial Average, it makes it simple for investors to monitor crucial moves performed by the top 30 publicly-owned and traded US-based companies within the stock market. If you are new to DJIA price and stocks, you can find all 30 companies listed in NASDAQ.

In this article, we will check the current DJIA price as well as describe some of its main components.

DJIA Stocks Brief History

The abbreviation for the indices was introduced by Charles Dow. He used to be the editor of the Wall Street Journal. Besides, he founded Dow & Jones Company. The DJIA index made its debut back in 1896. Initially, it had only 12 major companies listed there. They included some leading US manufacturers such as Chicago Gas, American Tobacco, Tennessee Coal, Iron, and Railroad, and many other organisations mainly related to industrial fields.

Times have changed. Technical evolution has brought some new big players to the market. They have replaced their predecessors while the DJIA index introduced technically-oriented businesses from the IT and other sectors including healthcare, retail, etc.

Current DJIA Price and Components

Today, the index features 30 manufacturers from different fields. The most surprising thing is that any company can get to the DJIA top 30 list. There are no specific restrictions. The only requirement is to account for a significant number of economic activities. What’s more, those activities must be performed in the United States. Another condition is to get to the MYSE or NASDAQ listing.

Here are some of the most significant changes taking place over the last decade:

• AT&T left the list to be replaced by Apple in 2015.
• General Electric left the list to be replaced by Walgreens Boots in 2018.
• Dupont left the list to be replaced by DowDuPont in 2017.

Check the entire list of all DJIA companies:

What Is DJIA Stock Price Today?

The DJIA stock price generally reflects the value of 30 companies included in the index. Currently, the DJIA index shows 32,944.19. It has made another slight dropdown by 0.69% over the last few days. Considering the evolving crisis, the situation may get even worse. Make sure you follow our market insights to track the situation and make prompt decisions.

DJIA Criticism and Scepticism

On the one hand, the index is one of the most trusted and popular trackers to keep an eye on market and companies’ activities. On the other hand, it cannot reflect the entire situation with more than 5,300 stocks traded on NYSE and NASDAQ daily. It means hundreds of other companies while the list of 30 DJIA organisations make not more than 1% of representation in the market.

Of course, Dow Jones is a very important index to follow. However, it does not provide investors and traders with a full picture. You still need to use as many technical indicators as possible to view the market from different angles, especially considering the crisis, geopolitical situation, and the quickly changing global economy.

This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.