Dow Jones Composite Average
| Dow Jones Composite Average | |
|---|---|
|
|
| base data | |
| Country | United States |
| Stock exchange | New York Stock Exchange |
| ISIN | XC0009694198 |
| WKN | 969419 |
| symbol | DJA |
| RIC | ^ DJA |
| Bloomberg code | COMP <INDEX> |
| category | Stock index |
| Type | Price index |
| family | Dow Jones |
The Dow Jones Composite Average is a stock index with 65 of the most important listed companies in the USA . It includes all public companies of the Dow Jones Industrial Average , the Dow Jones Transportation Average and the Dow Jones Utility Average .
calculation
The Dow Jones Composite Average is a price index with 65 of the largest US companies on the New York Stock Exchange (NYSE) and the NASDAQ . It includes the 30 industrials of the Dow Jones Industrial Average , the 20 transportation companies of the Dow Jones Transportation Average, and the 15 utilities of the Dow Jones Utility Average . It is calculated without dividends , subscription rights and special payments, which means that it is a price-weighted index. The index level is determined solely on the basis of share prices and only adjusted for income from subscription rights and special payments. In the case of stock splits and stock consolidations, the index is adjusted using correction factors.
The calculation is based on adding up the individual share prices and then dividing them by the number of shares in the index. The number of shares in free float is not taken into account. The inclusion of companies in the Dow Jones Composite Average and index exclusions are not strictly regulated and are at the discretion of the Wall Street Journal editors . The calculation is updated every second during NYSE trading hours from 9:30 am to 4:00 pm local time (3:30 pm to 10:00 pm CET).
history
The index has been calculated by the Dow Jones publishing house since 1934 . A milestone in the development of the Dow Jones Composite Average was September 22, 1983, when the index ended trading above the 500-point mark for the first time at 501.22 points. On July 19, 1989, it closed with 1,001.05 points for the first time above the 1,000 point mark. The index passed the 2,000 point mark for the first time on November 15, 1996, with a closing level of 2,000.92 points.
The Dow Jones Composite Average also marked further record highs in the following years. On March 11, 1999, it closed above the 3,000 point mark for the first time with 3,009.54 points. The index reached a high point on May 21, 2001, when it closed at 3,392.23 points. The bursting of the speculative bubble in the tech sector ( dot-com bubble ) also had an impact on the Dow Jones Composite Average. By October 9, 2002, it fell to a low of 2,033.44 points. That was a decrease of 40.1 percent compared to May 2001.
October 9, 2002 marks the end of the downward slide. From autumn 2002 the index began to rise again. On December 29, 2003, it closed above the 3,000 point mark for the first time since April 16, 2002 with 3,008.18 points. The index passed the 4,000 point mark for the first time on May 5, 2006, when it closed at 4,002.62 points. On July 19, 2007, the Dow Jones Composite Average marked an all-time high with a closing level of 4,731.10 points.
In the course of the international financial crisis , which had its origin in the US real estate crisis in the summer of 2007, the index began to decline again. On October 24, 2008 it closed with 2,964.87 points for the first time since August 23, 2004 below the limit of 3,000 points. The Dow Jones Composite Average fell to its lowest level since March 14, 2003 on March 9, 2009 when it ended trading at 2,195.30 points. Since the all-time high of July 19, 2007, this represents a decline of 53.6 percent.
March 9, 2009 marked the end of the downward trend. From the spring of 2009 the stock market index recovered strongly. By July 7, 2011, it rose 101.4 percent to a closing level of 4,420.67 points.
composition
The Dow Jones Composite Average consists of the following 65 values (as of July 15, 2016).
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See also
Web links
Individual evidence
- ^ Dow Jones Indexes: Fact Sheets and Methodologies by indexes
- ↑ Yahoo: Historical Prices
- ^ Yahoo: Companies in the Dow Jones Composite Average
3M | AES Corporation | Alaska Air Group | American Airlines Group | American Electric Power | American Express | American Water Works Company | Apple | Avis Budget Group | Boeing | Caterpillar Inc. | CenterPoint Energy | Chevron Corporation | CH Robinson Worldwide | Cisco | Consolidated Edison | CSX Corporation | Delta Air Lines | Dominion Resources | Duke Energy | DuPont | Edison International | Exelon | Expeditors International of Washington | ExxonMobil | FedEx | FirstEnergy | General Electric | Goldman Sachs | IBM | Intel Corporation | JB Hunt Transport Services | Jetblue Airways | Johnson & Johnson | JPMorgan Chase | Kansas City Southern | Kirby Corporation | Landstar System | Matson | McDonald’s | Microsoft | Merck & Co. | NextEra Energy | Nike | NiSource | Norfolk Southern Corporation | Pfizer | PG&E | Procter & Gamble | Public Service Enterprise Group | Ryder system | Southern Company | Southwest Airlines | The Coca-Cola Company | The Home Depot | The Walt Disney Company | Travelers | Union Pacific Corporation | United Continental Holdings | UnitedHealth | United Parcel Service | United Technologies Corporation | Verizon Communications | Visa Inc. | Walmart