Dow Jones Industrial Average
Definition
The Dow Jones Industrial Average (DJIA), often simply called 'the Dow,' is a stock market index that tracks the share prices of 30 large, publicly owned companies trading on New York Stock Exchange or NASDAQ.
Created in 1896 by Charles Dow and Edward Jones, it is one of the oldest continuous barometers of the U.S. stock market and uses a price-weighted formula to reflect the performance of blue-chip industrial stocks.
Examples
The Dow Jones Industrial Average climbed steadily today, as if the market had finally woken up from its post-lunch nap.
My broker's crystal ball is just a ticker tape of the Dow Jones Industrial Average, and even that's wrong half the time.
When the Dow Jones Industrial Average dips, day traders treat it like a bad breakup and start panic-selling their ex-stocks.
Grandpa boasts that he predicted the Dow Jones Industrial Average's every wiggle since the invention of the telegraph.