The Dow Jones Industrial Average ($DOWI), or “The Dow,” remains one of the oldest major indices in the U.S., tracing its origins back to the 19th century. The price-weighted index is a key indicator of investor sentiment, giving a reading on investor optimism or pessimism.
The 30-stock index, which consists of heavyweight names from sectors as diverse as technology to financials to healthcare, has gained about 15% on a year-to-date basis. Three index constituents have posted a stark outperformance, and analysts are expecting this strong showing to continue in the new year as well.
