Components: Which 30 companies make up the DJIA?
The individual components of the DJIA are occasionally changed as market conditions warrant. They are selected by the editors of The Wall Street Journal. When companies are replaced, the scale factor used to calculate the index is also adjusted so that the value of the average is not directly affected by the change.
On November 1, 1999, Chevron, Goodyear Tire and Rubber Company, Sears Roebuck, and Union Carbide were removed from the DJIA and replaced by Intel, Microsoft, Home Depot, and SBC Communications. Intel and Microsoft became the first two companies traded on the NASDAQ exchange to be listed in the DJIA. On April 8, 2004, another change occurred as International Paper, AT&T, and Eastman Kodak were replaced with Pfizer, Verizon, and AIG. On December 1, 2005 AT&T's original T symbol returned to the DJIA as a result of the SBC Communications and AT&T merger.
The Dow Jones Industrial Average consists of the following 30 companies:[3]
Company Symbol Industry
3M (NYSE: MMM) Diversified Industrials
Alcoa (NYSE: AA) Aluminum
Altria Group (NYSE: MO) Tobacco, foods
American Express (NYSE: AXP) Consumer Finance
American International Group (NYSE: AIG) Full Line Insurance
AT&T (NYSE: T) Telecoms
Boeing (NYSE: BA) Aerospace/Defense
Caterpillar (NYSE: CAT) Commercial Vehicles & Trucks
Citigroup (NYSE: C) Banks
Coca-Cola (NYSE: KO) Beverages
DuPont (NYSE: DD) Commodity Chemicals
ExxonMobil (NYSE: XOM) Integrated Oil & Gas
General Electric (NYSE: GE) Diversified Industrials
General Motors (NYSE: GM) Automobiles
Hewlett-Packard (NYSE: HPQ) Diversified Computer Systems
Home Depot (NYSE: HD) Home Improvement Retailers
Honeywell (NYSE: HON) Diversified Industrials
Intel (NASDAQ: INTC) Semiconductors
IBM (NYSE: IBM) Computer Services
Johnson & Johnson (NYSE: JNJ) Pharmaceuticals
JPMorgan Chase (NYSE: JPM) Banks
McDonald's (NYSE: MCD) Restaurants & Bars
Merck (NYSE: MRK) Pharmaceuticals
Microsoft (NASDAQ: MSFT) Software
Pfizer (NYSE: PFE) Pharmaceuticals
Procter & Gamble (NYSE: PG) Non-Durable Household Products
United Technologies Corporation (NYSE: UTX) Aerospace
Verizon Communications (NYSE: VZ) Telecoms
Wal-Mart (NYSE: WMT) Broadline Retailers
Walt Disney (NYSE: DIS) Broadcasting & Entertainment