The Dow Jones Industrial Average consists of the following 30 companies:
* Alcoa - AA
* American Express - AXP
* AT&T - T
* Boeing - BA
* Caterpillar - CAT
* Coca-Cola - KO
* Citigroup - C
* Disney - DIS
* DuPont - DD
* Eastman Kodak - EK
* Exxon Mobil - XOM
* General Electric - GE
* General Motors - GM
* Hewlett-Packard - HWP
* Home Depot - HD
* Honeywell - HON
* IBM - IBM
* Intel - INTC
* International Paper - IP
* Johnson & Johnson - JNJ
* McDonald's - MCD
* Merck - MRK
* Microsoft - MSFT
* 3M - MMM
* JP Morgan - JPM
* Philip Morris - MO
* Proctor & Gamble - PG
* SBC Communications - SBC
* United Tech - UTX
* Wal-Mart - WMT
Surprised?
2006-10-22 04:02:53 · 13 answers · asked by notme 5 in Politics & Government ➔ Politics
Since I own stock in Wal-Mart - not much and I'm glad since right after I bought it, it went down about $10 a share and is only now rebounding - the Dow doesn't do much for me. If the Dow is up, I know my Wally World stock has maybe gone up 2 or 3 cents - big deal. For the average person, myself included, truth be told, it doesn't mean diddly. Only the wealthy sit there with their portfolios in their hands and start crying and moaning if the Dow goes down. The rest of us may use it as a barometer to see if we're going into a recession, but that's probably it.
2006-10-22 04:08:30 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The loss on the Dow was more while the Democrats were giving their news conference. No one can blame the Republicans because 93 Dems did not vote for the bail out. Remember it is reelection time and they are want their little nest on Capital Hill. Something will be done as soon as they all quit politicizing the bailout. Don't believe it when they talk about bipartisanship in an election year.
2016-05-21 22:20:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I affects us but it is not based in reality, rather in our perceptions of the performance of the stocks. Hence, when oil threatens to go up stocks go down even though there has been no actual impact yet on performace of the companies.
So I hope these companies that affect our lives do well except maybe the ones that expolit their workers, market poisonous and addictive products, or test cosmetics on live animals; but why should I care about how people who buy and sell shares in these companies "feel" or "predict" about future performance of the companies? Just keep my computers, cars, and drywall comin' to the stores.
2006-10-22 04:23:14 · answer #3 · answered by ash 7 · 0⤊ 0⤋
anyone who has the intelligence to answer this it does! of coarse alot of you wont invest your money so that may leave some out of the bigger picture but alot have 401k's that are currently booming! i'm sorry that some people invest and others would much rather sit around hitting the gravity bong and buying a bag of good bud then taking care of there future! but yet this is a Conservatives fault right?
2006-10-22 04:11:59 · answer #4 · answered by Anonymous · 1⤊ 0⤋
They tell us "No."
But I really don't know and am not eagar to believe everything I hear. If the bottom fell out they'd be a lot of unemployment like 1929. History does repeat itself and why I don't believe them.
2006-10-22 04:08:23 · answer #5 · answered by Anonymous · 0⤊ 0⤋
This question is a joke right? The money that I made on my Home Depot stock alone bought my house, you libs really need to get a clue
2006-10-22 04:18:11 · answer #6 · answered by ? 3 · 1⤊ 1⤋
These companies all contribute to the daily lives of "average Americans". So, I'm not surprised at all.
2006-10-22 04:08:00 · answer #7 · answered by smellyfoot ™ 7 · 2⤊ 0⤋
yes, to all the people who are employed there, and to many who have stocks in these co. and the people who buy the products.
2006-10-22 04:14:29 · answer #8 · answered by Anonymous · 1⤊ 0⤋
For the many lazy Liberals draining the welfare program, no it doesnt mean anything at all..
2006-10-22 04:07:22 · answer #9 · answered by itsallover 5 · 1⤊ 2⤋
*sniff* *sniff* What stinks in here?
2006-10-22 04:26:03 · answer #10 · answered by Anonymous · 0⤊ 0⤋