He ended up creating a number of the benchmark market averages—still in use today—to indicate whether the stock market is rising or falling. The price level of the Dow is calculated by adding the share prices of the companies in the index and dividing by the Dow divisor, a figure that is adjusted periodically for corporate actions such as dividend payments and stock splits. For example, Apple is one of the largest companies in the world and, as of November 2024, has the largest weight in the market-cap-weighted S&P 500 based on its market cap of $3.35 trillion. But in the Dow, it has just the 13th largest weight, which is based on its share price of about $221.

The Dow Jones Industrial Average vs. the S&P 500 and the Nasdaq Composite

That’s especially true if you’re seeking to invest in Cloud stocks blue chip companies, which are generally the most stable and profitable on the market. In its modern form, the Dow tracks the prices of 30 blue-chip stocks. These stocks are from large companies with long histories of strong performance.

What are stock market indexes?

The fund closed out last week by falling about 3.6% over the period. Markets are worried that President Donald Trump’s tariffs on China, Mexico and China could spill over to Europe and further stoke volatility, according to BMO Wealth Management’s chief investment officer, Yung-Yu Ma. “To us, Citi needs to keep its options open … for many years, we have thought a sale may be advantageous.” At Monday’s session lows, Canadian Imperial Bank of Commerce tumbled 8%,  Bank of Nova Scotia suffered a 7.5% decline, Bank of Montreal dropped 6%, Toronto-Dominion Bank lost 5% and Royal Bank of Canada sank 4.5%. Triumph — Shares soared 34% upon the news that the aerospace services supplier would be acquired by affiliates of Warburg Pincus and Berkshire Partners. Triumph shareholders will receive $26 per share in cash, making the deal worth around $3 billion total.

SPDR Dow Jones Industrial Average ETF Trust: Pivot points

{undefined}