US30Cash (US30Cash)
The US 30 Cash Index is a financial derivative representing the current cash value of the Dow Jones Index, capturing the performance of 30 major publicly traded companies in the United States. This price-weighted index includes key players such as Apple, Coca-Cola, Microsoft, and Visa, providing a snapshot of the US economy’s leading sectors. Unlike market-cap-weighted indices, the US 30 Cash Index’s value reflects the aggregate share prices of its constituent companies.
Offering the benefit of no expiry dates, the US 30 Cash Index is versatile for both short-term trading and long-term investing. As a cash index, it is part of the spot market, allowing for instant transactions with tight spreads and attractive leverage. This index is a valuable tool for traders seeking to gauge the broader market sentiment and make informed investment decisions.