Dow Jones Industrial Average

(redirected from Dow Jones Average)
Also found in: Dictionary, Encyclopedia, Wikipedia.

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.

Dow Jones Industrial Average

A stock market index founded in 1896 by Charles Dow tracking 30 companies in various industries thought to be representative of the American economy. It is a price-weighted index, meaning that stocks with higher prices per share affect the average more. It also scales its averages to account for stock splits and other changes in the companies tracked. All stocks tracked in the DJIA are traded on either the New York Stock Exchange or NASDAQ. It is considered the premier securities index in the United States.

Dow Jones Industrial Average (DJIA).

The Dow Jones Industrial Average (DJIA), sometimes referred to as the Dow, is the best-known and most widely followed market indicator in the world. It tracks the performance of 30 blue chip US stocks.

Though it is called an average, it actually functions more like an index. The DJIA is quoted in points, not dollars. It's computed by totaling the weighted prices of the 30 stocks and dividing by a number that is regularly adjusted for stock splits, spin-offs, and other changes in the stocks being tracked.

The companies that make up the DJIA are changed from time to time. For example, in 1999 Microsoft, Intel, SBC Communications, and Home Depot were added and four other companies were dropped. The changes are widely interpreted as a reflection of the emerging or declining impact of a specific company or type of company on the economy as a whole.

References in periodicals archive ?
Table 3 is prepared in a similar way to Table 2 except that the 36-56 interval for the Dow Jones Industrial Average is used as the correlation partner for each of the other intervals (instead of the 36-56 interval in the respective Dow Jones Average.
I think the Dow Jones average could easily reach 5,000 by 1995, and despite interim declines it wouldn't shock me to see the Dow at 10,000 sometime around the turn of the century.
More precisely, it's eight days into 1987, and the Dow Jones average, which has already risen almost 100 points since the year began, closes for the first time ever over the 2,000 point mark.
The Dow Jones average extended gains Thursday to finish at a nine-month high in New York on upbeat earnings data from retail giant Wal-Mart Stores Inc.
The Dow Jones average of industrial stocks shot up 113 points immediately after his speech, then settled back and closed at 7,740, down three points.
The Dow Jones average retreated on Friday after a two-day rally as investors grew concerned about the U.
As he spoke, the Dow Jones average of blue-chip stock prices sank another 210 points after a 238-point plunge Wednesday.
The Dow Jones average fell Tuesday in New York after traders largely stood on the sidelines as Federal Reserve policymakers met for the first day of a two-day meeting to assess the state of the U.
But when all the dust and testosterone settle, regardless of the batting or the Dow Jones average, there will be no return to privacy for either ``Mighty Casey.
The Dow Jones average rebounded Friday for the first time in three trading days to close at the year's high on stronger-than-expected nonfarm payroll data.
The Dow Jones average of industrial stocks climbed nearly 60 points from its level at the start of Greenspan's three-hour appearance.
House of Representatives rejected the original bailout plan Monday, triggering panic selling that sent the Dow Jones average down 777 points -- the biggest-ever single-day point loss in U.