The Dow Jones Industrial Average (DJIA) climbed higher today as tech stocks had a positive impact on the index. This follows President Donald Trump’s Stargate announcement, a $500 billion collaboration to build artificial intelligence (AI) infrastructure. Some of the biggest AI stocks are involved, explaining why the DJIA is up today.
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OpenAI, Oracle (ORCL), and Softbank (SFTBY) are the main collaborators on Stargate. Joining them are Microsoft (MSFT), Arm (ARM), and Nvidia (NVDA) as tech partners. News of these companies’ involvement in the project pushed their shares up today.
A rallying stock market translates to positive movement for the DJIA, which is up 0.24% as of this writing. This helps expand the index’s 3.48% increase year-to-date as it recovers from a dip near the start of the year.
Stocks Increasing the DJIA Index Today
Turning to the TipRanks DJIA heatmap tool, traders will see which stocks are helping the index today. As mentioned above, tech stocks are behind a big part of the rally with MSFT shares up 4.01% today. Travelers Companies (TRV) is another stock boosting the Dow Jones with a 3.52% increase while Procter & Gamble (PG) contributed with a 2.64% rally today.
How to Invest in the Dow Jones
Investors can’t hold a direct stake in the Dow Jones as it’s only an index. Instead, they might consider buying shares listed on it. Any of the stocks mentioned above are strong growth candidates that traders might want to invest in.
Another option is investing in an exchange-traded fund (ETF) that tracks the DJIA index. Traders can pick between ETFs that bet on and against the Dow Jones. One popular ETF is the SPDR Dow Jones Industrial Average ETF Trust (DIA) but there are other options available.
