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First calculated on May 26, 1896, [2] the index is the second-oldest among U.S. market indices, after the Dow Jones Transportation Average. It was created by Charles Dow, co-founder of both The Wall Street Journal and Dow Jones & Company, and named after him and his business associate, statistician Edward Jones.
Trillion-dollar companies [ edit ] The table below lists all companies which have, at any point, had a market capitalization in excess of $1 trillion, the date on which their market cap first exceeded $1 trillion and their record market cap.
List of trillion-dollar companies *Market cap data as of Dec. 13, 2024. 1. Apple (AAPL) ... Meta previously hit a $1 trillion market cap back in 2021, when it was still known as Facebook. Meta ...
These companies make up the popular Dow Jones Industrial Average. ... market-cap-weighted S&P 500 based on its market cap of $3.35 trillion. But in the Dow, it has just the 13th largest weight ...
AI chipmaker Nvidia has officially joined the Dow Jones Industrial Average, ... with its $3.6 trillion market cap ahead of Apple’s $3.4 trillion as of Friday at market close.
The largest point drop in history occurred on March 16, 2020, when concerns over the ongoing COVID-19 pandemic engulfed the market, dropping the Dow Jones Industrial Average 2,997 points. The largest point gain (+2,113) occurred on March 24, 2020.
2024 was an excellent year for the major stock market indexes. But the Dow Jones Industrial Average (DJINDICES: ^DJI) ... The company's market cap has ballooned to a half-trillion dollars, ...
Unlike the market cap-weighted S&P 500 and Nasdaq Composite, where larger companies exert more influence on these respective indexes, the Dow is a share price-weighted index. Market cap is ...