Dow Jones

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Dow Jones Index
People have made millions thanks to the Dow Jones. There are loads of stock exchanges out there, but the Dow Jones is the most important one out there. It is a stock exchange made up of a lot of important, successful companies, and it is a very good indicator of the economy. A stock exchange has many purposes. It is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Securities traded on a stock exchange include shares issued by companies, unit trusts, derivatives, pooled investment products and bonds. For a company to be able to trade their stocks on a certain stock exchange it must be listed there and they must be a member of the stock exchange. Stocks and bonds are offered to investors on the primary market, but are sold on the secondary market. Some stock exchanges like the Dow Jones have lots of different companies making them up. Thirty of the largest publicly owned companies based in the US are the companies which make up the Dow Jones Index. The following companies make up the Dow Jones Index: 3M, Alcoa, American Express, At & T, Bank of America, Boeing, Caterpillar, Chevron corporation, Cisco systems, Coca-cola, DuPont, ExxonMobil, General Electric, Hewlett-Packard, IBM, Intel, Johnson & Johnson, JPMorgan Chase, Kraft Food’s, McDonald’s, Merck, Microsoft, Pfizer, Procter & Gamble, The Home Depot, Travelers, United Technologies Corporation, Verizon Communications, Wal-Mart, and Walt Disney. The companies making up the Dow Jones Index have changed 48 times in its 114 year history. Chevron and Bank of America replaced Altria Group and Honeywell in 2008. Also, In 2008 American International Group was replaced by Kraft Foods. General Motors and Citigroup in 2009 were replaced by the travelers companies and Cisco Systems. In 2009, IBM had the highest stock price with 107.24. The Dow Jones is a helpful indicator of the economy. The Dow Jones is a crucial part of the economy....
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