Business Unusual

How the Dow Jones Industrial Average tracks the state of the US stock market


Listen Later

Almost a century after it began the last original stock is removed from the index

In 1928, the Dow Jones Industrial Average was expanded to list 30 stocks, 92 years later there are still 30 stocks that make up the index, but on 1 September 2020 the last original stock, ExxonMobil was removed. This is the story of how the index came about, how it helped investors better understand the market and if it still can.

Image credit: QuoteInspector

See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Business UnusualBy 702

  • 3.7
  • 3.7
  • 3.7
  • 3.7
  • 3.7

3.7

3 ratings