Blue Chip Index

(redirected from Blue-Chip Indices)

Blue Chip Index

An index that predominately or exclusively tracks stocks in well-known and highly respected publicly-traded companies. Blue chip indices track companies that are usually financially sound and are thought to be relatively low-risk investments. These indices tend to be less volatile and are used sometimes as indicators of wider economic performance. A prominent example of a blue chip index is the Dow Jones Industrial Average.
References in periodicals archive ?
Stocks advanced as a series of merger deals excited investors, pushing the blue-chip indices to two-and-a-half-year highs in the absence of significant economic news.