![]() ![]() The stock market is under pressure, and the DJIA is no exception General Electric's ( GE) long inclusion in the DJIA ended in 2018, ending its position as the only original stock in the index. That year, the DJIA included twelve stocks: The DJIA has changed over the years since its introduction in 1896. The latest list of companies in the DJIA include: The Dow Jones Industrial Average is a price-weighted measurement stock market index of thirty prominent companies listed on US stock exchanges. The Dow Jones Industrial Average is steeped in history The DIA ETF reached its all-time high on January 5 at $369.50 per share. The SPDR Dow Jones Industrial Average ETF ( NYSEARCA: DIA) is a highly liquid product that tracks the price action of the DJIA. Since then, it has made lower highs and lower lows. The DJIA rose to a record high of 36,952.65 on January 5, 2022. Pledging cooperation and support may have set the stage for the first major war in Europe since World War II in the 1940s. At the opening ceremony for the Beijing Winter Olympics, the Chinese and Russian leaders met and forged a relationship that was a watershed event. In early 2022, the geopolitical landscape turned ugly. However, it appears the epiphany was too late. The US Fed woke up in late 2021 when CPI and PPI data rose to levels not seen in over four decades. Supply chain bottlenecks, the economist's favorite excuse, were but a pandemic symptom and that their actions were more responsible for rising prices. ![]() ![]() It turned out that inflation was a lot more structural than temporary. For months, the US central bank blamed inflation on " transitory " factors, which could be the worst call by central bank economists in history. In 2021, it became apparent that the tidal wave of central bank liquidity and tsunami of government stimulus addressing the global pandemic lit an inflationary fuse. Markets reflect the economic and geopolitical landscapes. The stock market moved increased steadily from the March 2020 lows until early 2022. ![]()
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