Most indexes, like the S&P 500 and Nasdaq Composite, assign a higher weighting to the largest companies by market cap. For example, Apple has roughly 11 times the market cap of Coca-Cola, so it has a much higher weighting in the S&P 500. But in the Dow, Apple is the 12th highest-weighted company by market cap because the index is price-weighted.

The S&P 500 financial index rallied, with banks helping lift the Dow to its highest ever. Read more at straitstimes.com.

Short-term bearish investors can profit from declines in the Dow Jones with ProShares Short Dow30 ETF (DOG), but it's not ideal for long-term investment.

When the Dow Jones was officially incepted on May 26, 1896, it was comprised of a dozen companies, most of which were tied to the industrial sector. Today, it contains an assortment of 30 historically profitable, time-tested, industry-leading businesses.

For Nvidia (NVDA) , this has been the best of years. The company, led by Jensen Huang, makes the graphic processing chips that are the foundation of artificial intelligence, and everyone wants a piece of the company.

Dow Jones tapped 44,000 for the first time ever on Friday. Equities are extending a near-term bullish push to wrap up the trading week. UoM sentiment survey results came in much better than expected.

Reviewed by Charles Potters Fact checked by Vikki Velasquez The Dow Jones Industrial Average (DJIA) is one of the most closely followed stock market indexes in the world. Although the Dow, as it's commonly known,