Friday, September 22, 2023
News
NEWS HOME
»
PRN INDIA
Trade Dow Jones ā€¸(US30) with XM
  SocialTwist Tell-a-Friend  
   

Investors can trade Dow Jones ā€¸(US30) with XM India with zero commissions, zero fees and low margin requirements.

MUMBAI, India, June 2, 2023 /PRNewswire/ -- With XM, a multi-regulated, global broker, traders can enjoy cost-effective and direct access to the global equity markets and trade Dow Jones with no extra fees.

The Dow Jones Industrial Average (US30)  is a legendary stock market index, designed to track the broader United States economy. It consists of 30 large, publicly traded companies from a range of different industries, with the common characteristic between them being their high quality. Most enjoy stable profit growth and have reputable brands.  

In contrast to its cousins the S&P 500 and Nasdaq, the Dow Jones is a price-weighted index. This means stocks with higher prices enjoy greater weight in the Dow, whereas other indices place focus on the market capitalisation of each company, not its share price.  

To put things in perspective, Apple is the largest US public company. As such, it has the heaviest weight in the S&P 500 and Nasdaq, but not in the Dow Jones, because its share price is not very high following several stock splits. Instead, it is United Health that currently has the highest share price in the Dow, and by extension the biggest weight.  

Since the Dow attempts to provide a true reflection of the US economy, it is not as focused on mega-cap tech companies as other indices are. This phenomenon was a blessing last year, allowing the Dow Jones share price to outperform the likes of the tech-heavy Nasdaq in an environment where big tech companies experienced heavy losses.  

As for trading the US30 index, XM provides access both to Dow Jones futures and spot prices through CFDs, with zero fees and very competitive spreads. Traders with higher risk tolerance or extensive experience can also trade on margin, which allows them to leverage their positions and obtain greater exposure to the Dow (US30 index), amplifying both gains and losses.  

Looking ahead, the outlook for the Dow Jones  seems challenging. The index currently stands just 11% away from its record highs, leaving it vulnerable to further downside corrections in an environment where valuations are still rosy and arguably disconnected from deteriorating economic fundamentals.  

To trade dow jones and other 1000+ instruments, open an XM account.

About XM

XM is a multi-asset, global trading platform, that has the vision to provide the best services any trader needs across the whole spectrum of trading, varying from a multi-awarded customer care, the safest and fastest local payment methods, reliability, fairness, lightning execution of trades with accurate pricing, totalling to a world class trading experience.

To learn more about XM, visit:

Website: https://bit.ly/XMHome_Page  

Facebook: https://bit.ly/FB_India

Instagram: https://bit.ly/IN-IG

Telegram: https://bit.ly/TG_India

YouTube: https://bit.ly/42tSNf5

 

 

Cision View original content:https://www.prnewswire.com/in/news-releases/trade-dow-jones-us30-with-xm-301840993.html

More News by PR Newswire India

Huawei Releases White Paper "Striding Towards an Intelligent World" for the Financial Industry

ACX wins Environmental Finance's Best Carbon Exchange award for third consecutive year

iQIYI Unveils 282 New Titles at 2023 iJOY Conference, Prioritizing Relatable Content for Ordinary People

NHN Corporation Steps into Web3 with Sui

Pixalate Q2 2023 Ad Fraud Benchmarks for Web Traffic: North America Reports Highest Desktop Invalid Traffic Rate at 13%, Followed by Asia-Pacific

Leading Industry Experts Set to Convene for Bahrain's Fintech Forward 2023

Innokin Wins "Golden Leaf Award for Innovation" at GTNF 2023 for World's First Metal-free Conductive Ceramic Coil

Glenmark Pharma announces Proposed Divestment of Majority Stake in Glenmark Life Sciences

The First Competition of the Asian Games held in Ningbo, Zhejiang

BRACCO IMAGING S.p.A. ANNOUNCES GLOBAL AGREEMENT WITH SUBTLE MEDICAL, Inc.

Huawei Launches Intelligent Architecture and Intelligent E&P Solution for Oil and Gas Industry

Zefr Expands TikTok Product to Provide Advertisers With Suitability Exclusions, in Collaboration with TikTok's Inventory Filter

Black Box strengthens India presence with new Center of Excellence

Bharti AXA Life Insurance launches Wealth Maximizer -- a return of all charges ULIP plan -- exclusively available on PolicyBazaar

Lacework Announces That It Has Been Selected by TSB Bank to Secure Its Cloud Infrastructure

#PlumeStrong Cycling Challenge 2023 Raises ā‚¬550,000 to Benefit Children Affected by the Turkey-Syria Earthquake

Caretta Research: 'Super Aggregation' will be Key to MVPDs' Success in Next Decade

Huawei's David Wang: Accelerate Intelligence with Custom-built AI Models for All Industries

Bushmills Glassware Named the Official Celebration Partner of IndianOil Grand Prix of India

Adidas and Geek+ Inaugurate a New State-of-the-Art Automated Distribution Center

Huawei Releases the White Paper on Architecture for Intelligent Transformation of Public Services

HUAWEI eKit Joins Hands with Distribution Partners to Explore Unlimited Opportunities in the SME Market

Xinhua Silk Road: Suzhou, Revitalize the ancient city with industrial upgrade

Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies

Chief Executives of Hundreds of Cities Jointly Kick Off Smart City Innovation Program Powered by Huawei Pangu Government Model

PayU India to power Seamless & Native Payment Experience on WhatsApp Business Platform

Newly inaugurated Yashobhoomi (IICC Dwarka) to host Trescon's DATE 2023 with Finance Minister Smt. Nirmala Sitharaman amongst the dignitaries

The International Gas Union (IGU) today releases its 2023 Global Wholesale Gas Price Survey report

India-focused private equity and VC funds raised $8.5bn in 2022, the highest ever annual fundraising value - Preqin reports

Uniken Selected as Strategic Mobile and Cybersecurity Partner for Indian Government Initiative

UST Vision Checkout AI-Enabled Autonomous Retail Solution Implemented at Jackson Hole Airport Restaurant

CoinScan Emerges from Stealth with $6.3 Million in Funding

Vestinda Bridges Web3 and Traditional Finance with Support for 100,000 Asset Pairs

Satma CE announces partnership with Refillable to revolutionize Inventory and Refill Management

NMIMS MPSTME Hosts India Automation Games 2023, Inspires the Future of Automation

RateGain shares Pulse Report for India; Global events drive domestic demand higher by 60%

A Star-Studded Affair: Illusion Aligners Honours its Brand Ambassador Kareena Kapoor Khan in Glittering Bollywood Style

Additional story DLC for Resident Evil 4 out now, offers new exhilarating action and different play feel

Introducing VM Social: The Future of Smart Trading

4i Apps Achieves Remarkable Milestone: Wins Oracle Cloud Partner Award 2023 at Oracle Cloud World 2023

VNOAI proposal for increasing BSNL revenues and market share

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
'No evidence that any Indian government ...
Fight for representation of OBC women to...
'Modi Hai Toh Mumkin Hai not a mere sayi...
Where there is a will there is a way: ...
'Will bring much-needed change to modern...
'Could not have been better start to new...
More...    
 
 Top Stories
West Bengal: Governor CV Ananda Bos... 
UP: Man killed and two arrested in ... 
BJP MP Sushil Modi hails passage of... 
“Strongly oppose idea of Khalistan ... 
JPMorgan to add India to its emergi... 
Ganesh Chaturthi: 51 kg Modak offer... 
G4 nations call for UNSC expansion;... 
IAF air show at Air Force Station J...