Dow Jones
Definition
The Dow Jones Industrial Average (DJIA), commonly referred to as the Dow Jones or simply 'the Dow,' is a stock market index that tracks the share price performance of 30 large, publicly-owned companies listed on U.S. stock exchanges.
Named after Charles Dow and Edward Jones, founders of Dow Jones & Company (publisher of The Wall Street Journal), it serves as a key barometer of the U.S. economy and investor sentiment.
Examples
The Dow Jones surged 500 points today, making my grandma's bingo winnings look like pocket change.
When the Dow Jones tanks, my crypto bro friend suddenly remembers he has a 'real job.'
Wall Street traders high-fived as the Dow Jones flirted with record highs, oblivious to the rest of us eating ramen.
My financial advisor said 'buy the dip' right before the Dow Jones mooned—turns out, even indices have better timing than me.