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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
Dow Jones Industrials components Intel Corp and Apple Inc dropped 3.9% and 4.6%, respectively.
The Dow Jones Industrial Average rose 266.54 points, or 1.04 per cent, to 25,895.44, the S&P 500 gained 28.34 points, or one per cent, to 2,875.45 and the Nasdaq Composite added 89.97 points, or 1.16 per cent, to 7,841.73.
At the Closing Bell, the Dow Jones Industrial Average was up 306.62, to 25,886.01.
Prior to the creation of the modern-day Dow Jones Industrial Average, Charles Dow created an index of 11 top U.S.
The Dow Jones Industrial Average registered 6.96 per cent gains for the month of January.
New York [U.S.A.] Feb 6 ( ANI ): The Dow Jones Industrial Average has tumbled more than 1000 points, dropping below 25,000, which is the worst fall in points since September 2008.
Replacing du Pont with the new DowDuPont allows the Dow Jones Industrial Average to maintain its exposure to the Materials sector.
In France the Cac 40 was 0.2% lower, while Dow Jones Industrial Average was up over 120 points in early trading.
Shortly after the opening bell, the Dow Jones Industrial Average was up 55.79 points, or 0.33 percent, to 17,106.54.
NEW YORK, Aug 27 (KUNA) -- The Dow Jones industrial average leaped up to over 600 points and closed green recovering its losses of the past few days.
S&P DJI has been publishing financial market indices since 1896 with the launch of the Dow Jones Industrial Average, one of the best-known icons of American culture and among stock market observers around the world.
NEW YORK -- The stock market surged again on Thursday, putting the Dow Jones industrial average on track for its best week since 2011.

Full browser ?