The 32,645 to 34,450 range has been a comfortable range for the Dow so far in 2023. Price action remains in a breakout range from the downtrend channel in 2023. The E-Mini Dow Futures (/YM) contract is currently trading at 33,787, up 0.16% from its opening price of 2023. 1: Year-to-date price percent change for DIA, SPY, GLD, and TLT. If you want to trade options around the movements of the Dow Jones Industrial Average (DJIA), DIA is a good proxy.įig.
DIA can be bought and sold in the same way that you would buy /YM, however the price of DIA is calculated differently and does not match the price of the index in the same way that the /YM futures contract will.ĭIA has options and its options markets are very liquid. This fund consists of the same components as the DJIA index. It's a joint venture between S&P Global, the controlling member, and the CME Group.The Dow Industrials SPDR (DIA) fund is an ETF that can be traded. In 2012, the Dow Jones Indexes were bought by S&P Dow Jones Indices LLC. The index was created by Charles Dow, the founder of the Wall Street Journal in 1896 to serve as a proxy for the broader US economy.The value of the index is the sum of the price of one share of stock for each component company divided by a factor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest US market index after the Dow Jones Transportation Average. The DJIA is a price-weighted index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange (NYSE) and the Nasdaq. The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). This content is authored by an external agency. It's a joint venture between S&P Global, the controlling member, and the CME Group. Read More The Dow Jones Industrial Average (DJIA), or simply known as “Dow”, is a widely-watched benchmark index in the US for blue chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned compa.
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