What is a dj30 & why is it important?

It was created in 1896 and was meant to be an easy way to track the U.S. stock market performance at a time when information flow was not as rapid or pervasive. The components of the US30 and the DJ30 can and do change as companies grow and shrink. The DJ30 is still considered to be an accurate gauge of the health of the U.S. equity markets.

What is the US30 based on?

The US30, based on the Dow Jones 30 is a U.S. stock index composed of 30 of the largest publicly traded U.S. companies. It was created in 1896 and was meant to be an easy way to track the U.S. stock market performance at a time when information flow was not as rapid or pervasive.

What drives the US30 / DJIA?

Some of the factors that drive the US30 or DJIA include natural calamities, economic slumps within the US or other countries, increased oil trading prices and currency strength, reflected in the dollar index. Mostly the index drops due to market uncertainties.

Is the US30 a good index?

The components of the US30 and the DJ30 can and do change as companies grow and shrink. The DJ30 is still considered to be an accurate gauge of the health of the U.S. equity markets. Should I trade the US30 Index?