U.S. stocks were higher after the close on Friday, as gains in the Financials, Industrials and Consumer Services sectors led shares higher. At the close in NYSE, the Dow Jones Industrial Average gained 0.

Despite a bearish start to the trading week, the Dow Jones continues to trade north of the 50-day Exponential Moving Average (EMA) near 41,220. The major equity index has bounced off of the 50-day EMA several times in recent months as a bullish uptrend holds steady.

The PCE price index rose 0.1% in August, and chalked in PCE inflation growth of just 2.2% YoY, easing to the key inflation indicator’s lowest level since March of 2021. Headline inflation figures continue to ease toward the Federal Reserve’s (Fed) 2% target,

The S&P 500 and Dow Jones Industrial Average both hit record closing highs, rising 0.7% and 1%, respectively, while the Nasdaq Composite gained 0.6%. Major indexes have rebounded from a steep selloff

The Dow Jones Industrial Average (DJI) is one of the most popular and oldest stock market indexes, made up of 30 well-established companies. At Schaeffer's, we keep a close eye on the Dow and all of its components. Check out who they are and our latest coverage below: