Dow Jones Indexes of Princeton, N.J., has established a new index that will track multi-national companies. The Dow Jones Titans Index will watch 50 of the world's largest multi-national companies. Both John Nuveen & Co. and Nike Securities L.P. are expected to start products that use the index by the third quarter of the year, according to Dow Jones Indexes.

Companies in the index include Coca-Cola, DaimlerChrysler, Microsoft, British Petroleum and Toyota.

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