US30
US30 is a financial term used to refer to the Dow Jones Industrial Average (DJIA), which is a stock market index that tracks the performance of 30 large publicly traded companies in the United States. The index is calculated by taking the sum of the prices of the 30 stocks and dividing it by a divisor. The divisor is adjusted to account for stock splits, spin-offs, and other corporate actions. The DJIA is one of the oldest and most widely followed stock market indices in the world, and it is often used as a benchmark for the overall performance of the US stock market.
History of US30
The Dow Jones Industrial Average was created in 1896 by Charles Dow and Edward Jones. It was originally composed of 12 stocks, and it was expanded to 20 stocks in 1916 and 30 stocks in 1928. The index was designed to track the performance of the industrial sector of the US economy, and it has become a widely used benchmark for the overall performance of the US stock market. The index has been adjusted for stock splits and other corporate actions over the years, and it is now composed of 30 large publicly traded companies in the United States.
Comparison Table
Index | Number of Stocks | Composition |
---|---|---|
DJIA | 30 | Large publicly traded companies in the US |
S&P 500 | 500 | Large publicly traded companies in the US |
NASDAQ Composite | Over 3,000 | All publicly traded companies listed on the NASDAQ |
Summary
US30 is a financial term used to refer to the Dow Jones Industrial Average (DJIA), which is a stock market index that tracks the performance of 30 large publicly traded companies in the United States. The index was created in 1896 by Charles Dow and Edward Jones, and it has become a widely used benchmark for the overall performance of the US stock market. For more information about the DJIA, you can visit the websites of the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite.
See Also
- S&P 500
- NASDAQ Composite
- Stock Market Index
- Stock Splits
- Spin-Offs
- Corporate Actions
- Charles Dow
- Edward Jones
- Stock Market Performance
- Stock Market Benchmark