What are the Dow, S&P 500, and Nasdaq

***Free Stocks***
Robinhood - https://join.robinhood.com/jeffres1132Show more

Webull - https://www.webull.com/activity?inviteCode=9HfRLFi3zuTQ&source=invite_gw&inviteSource=wb_oversea

What is the DOW, S&P 500, and NASDAQ?
Ever wonder what these number represent and how they move? Well you came to the right video!
Hey, welcome to the video! My name is Jeff. In my recent videos, I just covered very few high points in the market and covered the indices known as the DOW, S&P 500, and NASDAQ. I am going to go over what they are in this video.
DOW
The Dow Jones Industrial Average is an index that tracks the performance of the 30 largest companies on the United States stock exchange. Basically, the index weighs the companies with the biggest share price. Meaning the company with the higher share price is given a greater weight. For example, Apple is a company on the DOW and was the largest. But When APPL split, it shifted the weight since APPLs share price fell and some companies had to be removed and added to make up the difference.
S&P 500
The S&P 500 is more boarder than that of the DOW. The S&P 500 tracks and measures the performance of the 500 largest companies in the United States Market. In addition, the S&P weighs the companies by their total market capitalization instead of their share price. 500 companies are a lot.
NASDAQ
The NASDAQ is similar to the S&P because it also weighs companies by their market capitalization, but instead makes an emphasis on tech and internet related companies. Not all companies in the NASDAQ are tech related, there are some banks, industrial, and a few other sectors. The NASDAQ has 3300 companies in it, that would be a lot of tech companies.
You cannot invest in these indices directly; however, larger institutes will create what is call an exchange-traded fund, ETF for short, or a mutual fund that replicates the major indices. ETFs and mutual funds are just a basket of different stocks where each one is different in short. Some common ETFs that track the indices are SPY or VOO to track the S&P 500, DIA to track the DOW, and QQQ to track the NASDAQ. You can find small variations that narrow down the companies even further. For example, an ETF that tracks the companies with the highest yield in the DOW knows as the Dogs of the Dow.
There you have it! Hopefully, that gives you an idea of what the Dow, S&P, and NASDAQ represent. If you made it this far, thank you! I greatly appreciate you checking out this video, if you found it helpful in some way, make sure to hit the like button. Not only will I be thankful, so will the algorithm. Also be sure to subscribe for future videos that cover different money topics and market caps. Thank you and for your appreciation, you can find some free stocks in the description below. Create an account with Robinhood to receive a free stock. Create and fund your account with $100 on Webull to receive your free stock(s). See ya!

My videos are uploaded to Youtube as well.
This video: https://youtu.be/Sdwy2sEQzqE