The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is price-weighted, unlike other common indices such as the Nasdaq Composite or S&P 500, which use market capitalization. The primary pitfall of this approach is that a stock's price—not the size of the company—determines its relative importance in the index. For example, as of March 2025, Goldman Sachs represented the largest component of the index with a market capitalization of ~$167B.
1st time Dow Jones Industrial Average closes above 100 (100.26)
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
Historical Significance
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
Events Before
Conference of 23 industrial trade unionists in Chicago, Illinois, issues the Industrial Union Manifesto, calling for a c
Conference of 23 industrial trade unionists in Chicago, Illinois, issues the Industrial Union Manifesto, calling for a convention in Chicago in June and laying the groundwork for the formation of the Industrial Workers of the World (IWW)
A large demonstration of workers in St Petersburg, Russia, led by Father Gapon, marches to the Winter Palace with a peti
A large demonstration of workers in St Petersburg, Russia, led by Father Gapon, marches to the Winter Palace with a petition to the Tsar; troops fire on the protesters in what becomes known as Bloody Sunday
General officer John J. Pershing (44) weds Helen Frances
General of the Armies John Joseph Pershing (September 13, 1860 – July 15, 1948), nicknamed "Black Jack", was an American army general, educator, and founder of the Pershing Rifles.
Albert Einstein finishes his scientific paper detailing his quantum theory of light, a foundation of modern physics
Albert Einstein (14 March 1879 – 18 April 1955) was a German-born theoretical physicist best known for developing the theory of relativity.
Eleanor Roosevelt (20) marries Franklin D. Roosevelt (23) later 32nd US President in New York, & given away by her uncle
Eleanor Roosevelt (20) marries Franklin D. Roosevelt (23) later 32nd US President in New York, & given away by her uncle, 26th President Theodore Roosevelt
Events After
Joe Gans lands a devastating right to the head of Canadian challenger Kid Herman to retain his world lightweight boxing
Joe Gans lands a devastating right to the head of Canadian challenger Kid Herman to retain his world lightweight boxing title with an 8th-round knockout in Tonopah, Nevada
American industrialist Henry J. Kaiser (24) weds Bess Fosburgh in Boston, Massachusetts
American industrialist Henry J. Kaiser (24) weds Bess Fosburgh in Boston, Massachusetts
Author Arthur Conan Doyle (48) weds Jean Elizabeth Leckie
Author Arthur Conan Doyle (48) weds Jean Elizabeth Leckie
Guglielmo Marconi's company begins the first commercial transatlantic wireless service between Glace Bay, Nova Scotia, C
Guglielmo Marconi's company begins the first commercial transatlantic wireless service between Glace Bay, Nova Scotia, Canada and Clifden, Ireland
A run on Knickerbocker Trust Company stock leads to a nationwide run on US banks and the Panic of 1907
A run on Knickerbocker Trust Company stock leads to a nationwide run on US banks and the Panic of 1907
More from the 1900s
First Powered Flight by the Wright Brothers
Orville and Wilbur Wright make the first controlled, sustained flight of a powered, heavier-than-air aircraft near Kitty Hawk, North Carolina.
science technology
Conference of 23 industrial trade unionists in Chicago, Illinois, issues the Industrial Union Manifesto, calling for a c
Conference of 23 industrial trade unionists in Chicago, Illinois, issues the Industrial Union Manifesto, calling for a convention in Chicago in June and laying the groundwork for the formation of the Industrial Workers of the World (IWW)
death
James Longstreet dies
James Longstreet, Confederate confederate army general, known for confederate army general, died on 1904-01-02.
1st Rose Bowl, Tournament Park, Pasadena, California: Michigan defeats Stanford 49-0; MVP: Michigan fullback Neil Snow
1st Rose Bowl, Tournament Park, Pasadena, California: Michigan defeats Stanford 49-0; MVP: Michigan fullback Neil Snow
Frequently Asked Questions
- What happened on January 12, 1906?
- The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is price-weighted, unlike other common indices such as the Nasdaq Composite or S&P 500, which use market capitalization.
- Why is 1st time Dow Jones Industrial Average closes above 100 (100.26) significant?
- The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States.