Honestly, if you ask most people to name the "market," they'll point to the Dow. It’s the granddaddy of indices. But the weird thing is, despite being the most talked-about number on the nightly news, it only tracks 30 companies. That's it. Just thirty. When people ask which stocks are in the Dow Jones, they're often surprised to find out it's not a list of the biggest companies, but a hand-picked selection of "blue chips" meant to represent the pulse of the American economy.
The list isn't static. It changes. In fact, if you haven't checked the roster in the last year or two, your mental map of the Dow is probably wrong. Intel is gone. Walgreens got the boot. Even ExxonMobil—once the undisputed king of the index—is a memory.
The Current 30: Which Stocks Are In The Dow Jones Right Now?
As of early 2026, the Dow Jones Industrial Average (DJIA) is a mix of tech titans, old-school industrial giants, and the retailers that basically run our daily lives. Since the index is price-weighted (more on that weirdness later), the stocks with the highest share prices actually hold the most sway.
Here is the current lineup across the major sectors.
Technology and Communications
This is where the index has seen the most "plastic surgery" lately. The committee that runs the Dow finally realized you can't represent the modern economy without the chips and the cloud.
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- Microsoft (MSFT): A long-time heavy hitter.
- Apple (AAPL): Joined in 2015, and despite its massive size, its influence on the Dow fluctuates with its stock splits.
- Nvidia (NVDA): The newest darling. It replaced Intel in late 2024, a move that felt like the official passing of the torch in the semiconductor world.
- Amazon (AMZN): Replaced Walgreens in early 2024. It’s wild to think the Dow went so long without the company that redefined how we buy literally everything.
- Salesforce (CRM): The cloud software giant that took Exxon's spot a few years back.
- Cisco Systems (CSCO): The backbone of networking.
- IBM: The "Old Guard" that's currently trying to reinvent itself through AI.
- Verizon (VZ): The lone telecom representative.
Financial Services
Money makes the world go 'round, and the Dow reflects that with a massive chunk of its weight in banks and credit.
- Goldman Sachs (GS): Because of its high triple-digit share price, Goldman is often the most influential stock in the entire index.
- JPMorgan Chase (JPM): The biggest bank in the US.
- American Express (AXP): A classic blue chip.
- Visa (V): Representing the shift toward a cashless society.
- Travelers (TRV): The insurance play.
Healthcare
You can't have a stable index without the companies that keep people alive.
- UnitedHealth Group (UNH): Another massive price-weighting powerhouse.
- Johnson & Johnson (JNJ): Even after spinning off its consumer health wing (Kenvue), J&J remains a Dow staple.
- Merck (MRK): Pharma giant.
- Amgen (AMGN): The biotech representative.
Consumer Goods and Retail
These are the brands you see every time you walk down the street or open your pantry.
- Walmart (WMT): It recently did a 3-for-1 stock split, which actually reduced its influence on the Dow despite the company being more successful than ever.
- Home Depot (HD): The barometer for the housing market.
- Coca-Cola (KO): Warren Buffett’s favorite, and a Dow member since the 1930s.
- Procter & Gamble (PG): Soap, toothpaste, and everything in between.
- McDonald’s (MCD): The global fast-food benchmark.
- Nike (NKE): Consumer discretionary at its most recognizable.
- Disney (DIS): Entertainment and theme parks.
Industrials and Materials
The "Industrial" in the name might feel a bit dated, but these guys still matter.
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- Boeing (BA): Despite the headlines and technical hurdles, it remains the US's primary aerospace representative.
- Caterpillar (CAT): Big yellow machines. If CAT is up, global construction is usually doing okay.
- Honeywell (HON): A diversified conglomerate that does everything from cockpit electronics to thermostats.
- 3M (MMM): Post-spinoff, it’s smaller but still a core member.
- Sherwin-Williams (SHW): They joined in late 2024, replacing Dow Inc. (the chemical company, not the index itself).
- Chevron (CVX): The last energy stock standing in the 30.
Why the Dow is Kinda Weird (The Price-Weighting Problem)
If you're used to the S&P 500, the Dow will make your head spin. The S&P 500 is market-cap weighted. This means Apple and Microsoft have a huge impact because they are worth trillions.
The Dow doesn't care about market cap. It's price-weighted.
Basically, the "Committee" adds up the stock prices of all 30 companies and divides them by a magic number called the "Dow Divisor." This means a stock with a $500 share price (like UnitedHealth) has way more impact on the index than a stock with a $150 share price (like Apple), even if Apple is a much larger company in terms of total value.
It's an archaic system from 1896. Back then, Charles Dow literally just added up the prices and divided by 12. We've kept the math similar ever since, though the divisor is now a tiny fraction (roughly 0.15) to account for all the stock splits and company changes over the decades.
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Recent Shakeups: Who Got Left Behind?
To understand which stocks are in the Dow Jones today, you have to look at who was kicked out. The "Averages Committee" at S&P Dow Jones Indices usually only changes things when a company's share price falls too low or they no longer represent the "broad" economy.
- Intel: Dropped in late 2024. Its share price had cratered, and it was losing its edge to Nvidia.
- Walgreens Boots Alliance: Axed in February 2024. It was the lowest-priced stock in the index, meaning it basically had zero impact on the daily moves. Amazon was the obvious replacement.
- Dow Inc: The chemical company was replaced by Sherwin-Williams in late 2024 to give the index more exposure to the growing materials and construction sector.
How to Use This Information
Knowing the list isn't just for trivia. If you're an investor, the Dow is your "defensive" play. Because these are established, dividend-paying companies, they tend to hold up better during a crash than the tech-heavy Nasdaq.
However, because it's only 30 stocks, it's not a great way to "own the whole market." You’re missing out on mid-sized companies, the booming small-cap sector, and most of the energy industry.
Actionable Insights:
- Watch the "Price Leaders": If you want to know why the Dow is up 300 points today, don't look at Apple or Coca-Cola. Look at UnitedHealth, Goldman Sachs, and Microsoft. Those high-priced stocks move the needle.
- Check the Divisor: If one of the 30 companies announces a stock split, the Dow's total points won't change, but that company's influence will drop significantly.
- Diversify: Don't let a "Dow 50,000" headline fool you into thinking every company is winning. Use the DJIA as a gauge for blue-chip sentiment, but keep your main portfolio in broader indices like the S&P 500 or a total market fund.
The Dow is a living history of American business. It started with sugar, oil, and rubber companies. Today, it's about AI, cloud computing, and global credit. If you want to keep track of the roster, check the official S&P Dow Jones Indices site monthly, as they don't give much warning before the next big swap.