US30 Index (Dow Jones Industrial Average)
US30
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.005
Contract Size Currency per 1 Lot Symbol
USD 1 x Index
Min/Max Trade Size (lots)
1 / 250
Schedule and Fees
Market Open
Sunday 18:00 New York
Market Closed
Friday 16:59 New York
Trading Break
16:15 - 16:30 & 16:59 - 18:00 New York
3 Day Financing
Friday
Long & Short Position Overnight Fee
displayed on the trading platform
FAQs
The US30 index, also known as the Dow Jones Industrial Average (DJIA) or simply the “Dow”, is a stock market index that represents the performance of 30 large publicly traded companies in the United States. It is one of the most widely recognised and followed stock market indices in the world.
The index was created by Charles Dow and first published on May 26, 1896. It was originally designed to provide a snapshot of the overall health and performance of the US stock market. The Dow was initially calculated using the average stock prices of 12 industrial companies, hence the name "Industrial Average." Over time, the index expanded to include 30 companies that are considered leaders in their respective industries.
The US30 index includes companies from various sectors, such as technology, finance, healthcare, consumer goods, and energy. Some of the well-known companies represented in the index include Apple, Microsoft, Boeing, Coca-Cola, Goldman Sachs, and Johnson & Johnson. The composition of the index is periodically reviewed and adjusted to ensure it remains representative of the wider US economy.
The value of the US30 index is calculated using a price-weighted formula. This means that the index is influenced by the stock prices of its constituent companies rather than the market capitalisation of those companies. The price-weighted methodology assigns a higher weight to higher-priced stocks, regardless of the company's size or market value.
The US30 index is frequently used as a barometer of the overall health and direction of the US stock market, and it is closely watched as an indicator of market trends and sentiment by investors, traders, and financial professionals. Movements in the Dow are seen as reflecting the collective performance of the 30 companies it represents and are considered a gauge of the broader US economy.
It should be noted that the US30 index is only one of several stock market indices in the United States; other notable indices include the S&P 500 and the Nasdaq Composite, each with their own distinct composition and methodology.
