Sunday, March 29, 2020

The Dow Jones Industrial Average on This Day in History


This Day in History: The Dow Jones Industrial Average closes above the 10,000 mark for the first time on this day in 1999, which eventually led to the dot-com bubble. The Dow is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States which is considered to be an adequate representation of the overall U.S. stock market. The 30 Large Cap companies right now consist of 3M, American Express, Apple, Boeing, Caterpillar, Chevron, Cisco, Coca-Cola, Disney Company, DowDuPont, ExxonMobil, GE, Goldman Sachs, Home Depot, IBM, Intel, Johnson & Johnson, JPMorgan Chase, McDonald's, Merck, Microsoft, Nike, Pfizer, P&G, Travelers Companies, United Technologies, UnitedHealth, Verizon, Visa and Wal-Mart. Other market indices may be more accurate such as the Wilshire 5000 or Russell 3000 as they take into consideration the whole of the market.

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