stock market index which measures stocks traded on the American stock market
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Dow jones Definition from Business & Finance Dictionaries & Glossaries
This is the best known U.S. index of stocks. It contains 30 stocks that trade on the New York Stock Exchange. The Dow, as it is called, is a barometer of how shares of the largest U.S. companies are performing. There are hundreds of investment indexes around the world for stocks, bonds, currencies and commodities. The Dow is a price-weighted average of 30 actively traded blue chip stocks, primarily industrials.
Copyright © 2000, Campbell R. Harvey. All Rights Reserved.Dow jones Definition from Encyclopedia Dictionaries & Glossaries
Dow Jones & Company is an American publishing and financial information firm.
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The Dow Jones Industrial Average , also called the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is a stock market index, and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. It was founded on May 26, 1896, and is now owned by Dow Jones Indexes, which is majority owned by the CME Group. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market. It is the second oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.
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Dow jones Definition from Language, Idioms & Slang Dictionaries & Glossaries
Noun
1. an indicator of stock market prices; based on the share values of 30 blue-chip stocks listed on the New York Stock Exchange; "the Dow Jones Industrial Average is the most widely cited indicator of how the stock market is doing"
(synonym) Dow-Jones Industrial Average
(hypernym) stock index, stock market index
