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The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
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 .
Image source: Getty Images. A new materials sector component gains immediate relevance. On top of the flagship addition of Nvidia, S&P Dow Jones Indices -- the committee that votes on the stocks ...
However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but not those before, and it represents the only discontinuity in the index's history rather than an actual loss. [3] [4]
May 26, 1896 - The first index, made up of 12 industrial companies, is published and the Dow opens at 40.94 points. January 12, 1906 - The Dow closes at 100.25, the first close above 100.
Whether you realize it or not, this is a big week for the ageless Dow Jones Industrial Average (DJINDICES: ^DJI).Following the close of trading today, Nov. 7, a new era will begin for the Dow ...
1982–2000: Bull market. The Dow experiences its most spectacular rise in history. From a meager 776.92 on August 12, 1982, the index grows 1,409% to close at 11,722.98 by January 14, 2000, without any major reversals except for a brief but severe downturn in Black Monday, 1987, which includes the largest daily percentage loss in Dow history.
This will mark only the 53rd change for Wall Street's iconic index since its inception on May 26, 1896. 2 Ways the Dow Jones Industrial Average Will Change Forever on Friday Skip to main content