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Dow Jones Industrial Average |
Also found in: Wikipedia, Hutchinson | 0.07 sec. |
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Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. The Dow, as it is called, is a barometer of how shares of the largest US companies are performing. There are hundreds of investment indexes around the world for stocks, bonds, currencies, and commodities. |
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And, as Redmond noted, Microsoft is the only Dow 30 company that has never paid a dividend. Chenault, chairman and CEO of American Express and the only black to head a Dow 30 company, was among the business leaders selected by President George W. ``Today's changes in the Dow 30 illustrate a business climate that favors the technology and service industries,'' Goodyear's executive vice president, Robert W. |
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