Info of US30
The US30, also known as the Dow Jones Industrial Average (DJIA), is one of the most important and oldest indices of the US market that tracks the performance of the top 30 large U.S. companies from various sectors, such as technology, finance, healthcare, consumer goods, and energy. US30 includes famous companies such as Apple, Microsoft, Coca-Cola, and several other companies with high levels of investment and good profits.
The US30 was created in 1896 by Charles Dow and Edward Jones. At this time, US30 only calculated the listed price of 40.49 USD, the average of 12 stocks. The number of shares gradually increased to 20 in 1916 and reached 30 in 1928 and remains the same today.
The US30 is considered a blue-chip index, as it represents some of the most stable and well-established companies in the U.S. economy. In fact, today, these Top 30 companies are almost no longer related to heavy industrial fields like when they were first established. Therefore, the name industrial index only has symbolic meaning. Besides, the Top 30 also constantly changes if one of the businesses in the top does not meet the standards. At that time, this business will be removed from the list and replaced by another qualified business.
As an investment product, the US30 offers a diversified exposure to the U.S. stock market, as it reflects the overall health and sentiment of the economy. The US30 is also influenced by major events, such as earnings reports, mergers and acquisitions, political developments, and global crises. Investors can trade US30 as a futures contract, an exchange-traded fund (ETF), or a contract for difference (CFD), depending on their risk appetite, trading strategy, and time horizon. Investors can also buy individual stocks that make up the US30, or invest in index funds or mutual funds that track the US30.