The Dow Jones Industrial Average (DJIA) is up today as the index rallies alongside companies releasing Q4 2024 earnings reports. Many companies have released earnings today and most are on the positive side, boosting investor confidence in the stock market.
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Stocks aren’t just increasing for companies that have already released earnings reports. Some on the index, such as Visa (V), are rising ahead of earnings releases after markets close today.
That’s good news for the Dow Jones, which will welcome any wins it can get after a rough start of the year. Today’s earnings news boosted the index 0.1% higher as of this writing, helping build on its 5.1% increase year-to-date. Investors will also note the DJIA is up 17.2% over the last 52 weeks.
Which Stocks Have the DJIA Up Today?
Turning to the TipRanks DJIA heatmap tool, traders will see which stocks are boosting the index higher on Thursday. International Business Machines (IBM) is massively contributing to the rise of the Dow Jones today with a 13.72% rally. This counteracts negative movement from Microsoft (MSFT) as its shares fell 6.28% today. Outside of tech, financial, consumer defensive, and consumer cyclical sectors are all rising today.
How to Invest in the Dow Jones Index?
Investors can’t take a direct stake in the Dow Jones as it’s only an index. What they can do is purchase shares of stocks on the index. Investors may want to buy stocks of shares rising or falling today, depending on their investment strategies.
Another option is buying shares of an exchange-traded fund (ETF) that tracks the DJIA. This allows investors to easily bet on or against the index. One popular choice is the SPDR Dow Jones Industrial Average ETF Trust (DIA) but there are plenty of ETFs available.