As the US benchmark celebrated 125 years, SRP looked at how the index has fared as underlying for structured products over the years.
On 26 May 2021, the Dow Jones Industrial Average celebrated its 125 th anniversary. It was created by Charles Dow, a journalist who cofounded Dow Jones & Co., publisher of The Wall Street Journal . Dow’s partner, Edward Jones, also has his name attached to the average. The Dow was initially made up of 12 stocks, including a leather-maker, a steel provider, and a sugar producer. It was calculated by adding up the prices of the component stocks and dividing the sum by a divisor. Nowad
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