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It was created by Charles Dow, co-founder of both The Wall Street Journal and Dow Jones & Company, and named after him and his business associate, statistician Edward Jones. The index is maintained by S&P Dow Jones Indices, an entity majority-owned by S&P Global. Its components are selected by a committee.
The Dow experiences its most spectacular rise in history. From a meager 776.92 on August 12, 1982, the index grows 1,409% to close at 11,722.98 by January 14, 2000, without any major reversals except for a brief but severe downturn in Black Monday, 1987, which includes the largest daily percentage loss in Dow history.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 59 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
May 26, 1896 - The first index, made up of 12 industrial companies, is published and the Dow opens at 40.94 points. January 12, 1906 - The Dow closes at 100.25, the first close above 100.
Similar to Intel, Dow Inc.'s low share price made it a relative non-factor for the Dow Jones Industrial Average. Plus, with the loss of DuPont's and Corteva's operating divisions, it was no longer ...
The Dow Jones Industrial Average All events presented here took place on one or more of the years following the 1896 creation of the Dow Jones Industrial Index. This Day in Dow History: Before the ...