Forex Trading

Dow Reaches Record High For The Fourth Time This Week

The Dow Jones Industrial Average, also known as the Dow or DJIA, tracks 30 large, well-known companies that trade on the New York Stock Exchange and Nasdaq. The Dow’s all-time high at market close stands at 39,908.00, reached on May 15, 2024. The index hit its highest price at any time on May 16, 2024, when it surpassed 40,000 for the first time. Like the Swiss Market Index (SMI), the Dow Jones is a price index. The shares included...

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IG: Trade and Invest with the UK’s No 1 Trading Provider IG UK

It's difficult to say whether this was due to the rebalance or if the index was simply following the rest of the market—which is more likely because prices began trading upward in October 2023 market-wide. Like the Swiss Market Index (SMI), the Nasdaq 100 is a price index. The shares included in it are weighted according to market capitalization; the index level represents the average of the shares included in it. Dividend payments are not considered when calculating the...

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