Podcast — 25 May, 2021
The Essential Podcast, Episode 37: Happy Birthday to The Dow — 125 Years of the DJIA
About this Episode
S&P Dow Jones Indices Senior Index Analyst Howard Silverblatt joins the Essential Podcast on the occasion of the Dow Jones Industrial Average's 125th birthday. The conversation covers the changing structure of The Dow over time, the history of the index, and the perceived competition with its younger sibling: the S&P 500.
The Essential Podcast from S&P Global is dedicated to sharing essential intelligence with those working in and affected by financial markets. Host Nathan Hunt focuses on those issues of immediate importance to global financial markets – macroeconomic trends, the credit cycle, climate risk, energy transition, and global trade – in interviews with subject matter experts from around the world.
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Show Notes
- Celebrate The Dow’s 125th anniversary. As of May 26, 2021, the Dow Jones Industrial Average will have been determining the flood tide of the market for 125 years. Created as a simple gauge of stock market performance, this financial and cultural icon has weathered recessions, depressions, bubbles, and expansions through 23 U.S. presidencies, two world wars, and two global pandemics. Through it all The Dow has steadfastly tracked the ups and downs of the U.S. market and by extension, served as a leading indicator of U.S. and global economic health. Quoted far and wide from Wall Street to Main Street, The Dow is still the number that most investors cite when asked how the market is doing.