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DJIA and Inflation Chart<\/p><\/div>\n
Inflation Adjusted Dow Jones Industrial Average Charts click here<\/a>. 2) The Dow Jones Average Portfolio Index Company Stock Replacements and Additions<\/i><\/b> More about the DOW click here<\/a>.<\/p>\n I hope the above information was of interest to you.<\/p>\n
\nMore about the Dow Jones Industrial Average and how it relates to inflation and other measures click here<\/a>.<\/p>\n
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\nI look at the Dow Jones Average as more of a Team Index than a Solid Index. What’s the difference; a solid index is an index that the components do not change unless the index is forced to change due to strictly outside forces, a team index is much like a baseball team where the players or company stocks change out. Where the Dow Indexes are concerned the components or stocks may and will change out at the will of the index management or by the indexes’ own rules or definitions.
\nFor example the DJIA covers 30 ‘large cap companies”<\/b>, which are subject to a criteria and picked by the editors of The Wall Street Journal.
\nOver the years the companies in the index have been changed to ensure the index stays relatively current in its measure of the U.S. economy.
\nCharles Dow first published the Dow Jones Industrial Average on May 26, 1896<\/b>. On this day, the Dow consisted of only 12 companies. Of special note; only one of the initial companies included in the average remain – yes, you read that correctly. Currently, General Electric holds the longest listed Dow Jones Industrial Average Index \/ DJIA Company.
\nOne can easily see that if the original 12 companies were still in the Dow Jones Industrial Average Index \/ DJIA today the index would be worth practically zero!!!
\nThe original Dow Jones Industrial Average Index 12 companies:
\nAmerican Cotton Oil
\nAmerican Sugar
\nAmerican Tobacco
\nChicago Gas
\nDistilling & Cattle Feeding
\nGeneral Electric
\nLaclede Gas
\nNational Lead
\nNorth American
\nTennessee Coal and Iron
\nU.S. Leather
\nU.S. Rubber
\nTherefore; changing out the companies does have a direct reflect on the Dow Jones Industrial Average price.
\nThis is why a person who trades Dow Jones Industrial Average 30 as a group may need to be aware of the above company stock change outs or added companies to the Dow Jones Industrial Average.
\nNOTE: On August 24, 2020, three companies were replaced on the Dow Jones Industrial Average Index<\/b> \/ DJIA, the companies Salesforce, Amgen and Honeywell were added to the Dow, replacing Exxon-Mobil, Pfizer, and Raytheon Technologies.
\n2020 Companies in the Dow
\nBelow is a list of the companies included in the Dow as of September 2020.
\nSalesforce
\nProcter & Gamble
\nDowDuPont
\nAmgen
\n3M
\nIBM
\nMerck
\nAmerican Express
\nMcDonald’s
\nBoeing
\nCoca-Cola
\nCaterpillar
\nJPMorgan Chase
\nWalt Disney
\nJohnson & Johnson
\nWalmart
\nHome Depot
\nIntel
\nMicrosoft
\nHoneywell
\nVerizon
\nChevron
\nCisco Systems
\nTravelers Cos.
\nUnitedHealth Group
\nGoldman Sachs
\nNike
\nVisa
\nApple
\nWalgreens Boots Alliance<\/p>\n
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