The oldest stock market index on the planet has accompanied the transformations of American capitalism. It now integrates Nvidia.
The Dow Jones is embracing artificial intelligence. Nvidia is entering the world’s oldest index this Friday, replacing its rival Intel, which is losing ground. This arrival crowns an exceptional stock market journey. After causing panic in recent years, Nvidia’s value has tripled again since the start of the year. The champion of chips now capitalizes nearly 3,350 billion dollars and competes with Apple for the place of largest capitalization in the world.
« The arrival of a new member in the Dow Jones is always, in itself, an event », assures Alexandre Baradez, strategist at the broker IG. Since its birth in the summer of 1884, the composition of the most famous Wall Street barometer has been modified only 59 times. For comparison, in 36 years of existence, the CAC 40 has already seen more than a hundred companies pass through.
Only 59 changes in 140 years of existence
An industrial company, the specialist in construction materials…
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