barometer


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Barometer

Economic and market data that represent an overall trend. The Dow Jones Industrial Average is an example of a stock market barometer.

Barometer Stock

A stock in a well-known or highly-regarded company in a given sector. The performance of a barometer stock is considered to be an indicator of the performance of its particular sector or industry. The term "barometer stock" is chiefly British; in the U.S., the primary term is bellwether stock.

barometer

An indicator of fluctuations. For example, the S&P 500 is a barometer for stock market movements. Likewise, long-term interest rates are a barometer of inflationary expectations.
References in classic literature ?
A Fahrenheit's thermometer in a mahogany case, and with a barometer annexed, was hung against the wall, at some little distance from the stove, which Benjamin consulted, every half hour, with prodigious exactitude.
In about ten minutes after starting, the barometer indicated an altitude of 15,000 feet.
The whole place was turned upside down, drawers burst open, and presses ransacked, with the result that an odd volume of Pope's 'Homer,' two plated candlesticks, an ivory letter-weight, a small oak barometer, and a ball of twine are all that have vanished.
Allen, not having his own skies and barometer about him, declined giving any absolute promise of sunshine.
The barometer is useless: it is as misleading as the newspaper forecast.
But now Lydgate came in; the book was closed before he reached Rosamond's corner, and as he took his seat with easy confidence on the other side of her, young Plymdale's jaw fell like a barometer towards the cheerless side of change.
To act as middleman between the pursuer of wealth, and the wealth which he pursued, or to stand as a human barometer, registering the rise and fall of the great mammon pressure in the markets, was not the work for which Providence had placed those broad shoulders and strong limbs upon his well knit frame.
Raoul decided to interview Captain Lynch on the subject, but when he arrived at that ancient mariner's house, he found him looking wide-eyed at the barometer.
I have my dull days and my bright days--and just now my barometer is down at dull.
A hurried tramping sounded on the deck; the captain, summoned from below, joined the first officer, who stood looking at the barometer.
Going out into the hall, Arnold found Blanche alone, looking at the barometer.
As we drove away I stole a glance back, and I still seem to see that little group on the step, the two graceful, clinging figures, the half-opened door, the hall light shining through stained glass, the barometer, and the bright stair-rods.