Dow Jones Industrial Average

(redirected from Dow Jones Industrial)
Also found in: Dictionary.

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 ?
As the largest corporation in the world and a leader in technology,Apple is the clear choice for the Dow Jones Industrial Average," saidDavid Blitzer, managing director of S&P Dow Jones Indices.
The Dow Jones industrial average jumped more than 200 points, its third big gain this week.
6 percent in predicting the daily up and down changes in the closing values of the Dow Jones Industrial Average," said Johan Bollen, an Indiana University associate professor who carried out the study with Ph.
The Dow Jones industrial average contains some of the most well-known companies in America, including Coca-Cola (NYSE: KO), International Business Machines (NYSE: IBM) and Walt Disney (NYSE: DIS).
Launched on January 14, 1998, SPDR Dow Jones Industrial Average ETF seeks to provide investment results that, before expenses, track the price and yield performance of the Dow Jones Industrial Average, an index of 30 blue-chip U.
By comparison, with five trading days left in 2004, the venerable Dow Jones Industrial average had increased 3.
Dow Jones will hold the remaining 10% and retain a key role in the management of the Dow Jones Industrial Average.
While the Dow Jones industrial average - the bellwether measure of industrial stocks - has risen 6.
7 percent gain in the Dow Jones Industrial Average in 2006 make it critical that wealth managers help clients focus on risk, as well as return, as the New Year unfolds.
That seemed to be the message from investors Friday as they snapped up stocks, sending two market gauges to new highs and leaving the Dow Jones industrial average just 40 points short of a record.
com[TM], a new online service that predicts the movement of the next day's Dow Jones Industrial Average with remarkable accuracy.
The young and the glamorous shoved aside the old and the dusty in the Dow Jones industrial average Tuesday.

Full browser ?