Dow Jones Stock Index

The Dow Jones Stock Index is any of 130,000 stock indexes produced by Dow Jones Indexes, LLC, originally owned by Dow Jones & Company. Due to its importance, the most important of them is sometimes called the Dow Jones stock index, whose real name is Dow Jones Industrial Average (DJIA); but that's the wrong way to put it, since Dow Jones generates a variety of indices. The Dow Jones indices were created by two American journalists, Charles Dow and Edward Jones, who founded the company Dow Jones & Company.

Among the different Dow Jones stock indices there are four main ones:

• The Average Industrial Dow Jones also known as Dow Jones Industrial Average (DJIA) is the most important of all and reflects the behavior of the price of action of the 30 most important and representative industrial companies in the United States.
• The Average Dow Jones Utility known as Dow Jones Utility Average (DJUA) where the securities of the fifteen largest market corporations such as gas or electricity are reflected.
• The Average Dow Jones Transportation known as Dow Jones Transportation Average (DJTA), which includes the twenty largest transport and distribution companies.
• The Average Dow Jones known as Dow Jones Composite Average (DJCA) is the index that measures the performance of the actions of 65 member companies of any of these three previous main indexes. Companies that make up the Dow Jones Composed Average can vary depending on certain criteria, but most of them are of great capitalization. 56 of its 65 components are transferred into the New York stock exchange (NYSE) and nine others are operated on the NASDAQ.

Other Dow Jones Stock Indices

• Dow Jones Global Titans Index
• Average Companies Public Services Dow Jones
• Dow Jones Growth Index U.S. High Capitalization Companies
• Dow Jones Index of the Value of U.S. Capitalization Companies
• Dow Jones Index on the Growth of Small American Capitalization Companies
• Dow Jones Value Index of Small-Capitalization American Companies
• Dow Jones Wilshire 5000 Total Market Index
• Dow Jones Sustainability Index
• Dow Jones Coverage Fund Index
• Indide Dow Jones de Commodities

History

Its origin dates back to the XIX century, at the company Dow Jones & Company co-founded by Charles Henry Dow, editor of The Wall Street Journal, Edward David Jones and Charles Milford Bergstresser, both American journalists. The Industrial Index was initially founded with 12 companies, expanded to 20 in 1916, and finally 30 in 1928, making it the oldest stock index in the world. The only company that remained in the index since its creation is General Electric, until its effective exit on June 26, 2018.