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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 .
For only the 53rd time in 128 years, the ageless Dow Jones will see its components change. ... S&P Dow Jones Indices will be adjusting the Divisor used to turn share price into Dow points. ...
Meanwhile, the departing Dow Inc. is the smallest component in the Dow Jones Industrial Average, with a market cap of $34 billion (for context, Sherwin-Williams is a $90 billion company).
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.
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]
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 ...
Pages in category "Former components of the Dow Jones Industrial Average" The following 92 pages are in this category, out of 92 total. This list may not reflect recent changes .