What does Dow Jones Industrial Average mean?

Definitions for Dow Jones Industrial Average
dow jones in·dus·tri·al av·er·age

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Wikipedia

  1. Dow Jones Industrial Average

    The Dow Jones Industrial Average (DJIA), or simply the Dow, is a stock market index that indicates the value of 30 large, publicly owned companies based in the United States, and how they have traded in the stock market during various periods of time. These 30 companies are also included in the S&P 500 Index. The value of the Dow is not a weighted arithmetic mean and does not represent its component companies' market capitalization, but rather the sum of the price of one share of stock for each component company. The sum is corrected by a factor which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.It is the second-oldest U.S. market index after the Dow Jones Transportation Average, created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. Currently owned by S&P Dow Jones Indices, which is majority owned by S&P Global, it is the best known of the Dow Averages, of which the first (non-industrial) was originally published on February 16, 1885. The averages are named after Dow and one of his business associates, statistician Edward Jones. The industrial average was first calculated on May 26, 1896.The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. Since the divisor is currently less than one, the value of the index is larger than the sum of the component prices. Although the Dow is compiled to gauge the performance of the industrial sector within the American economy, the index's performance continues to be influenced by not only corporate and economic reports, but also by domestic and foreign political events such as war and terrorism, as well as by natural disasters that could potentially lead to economic harm.

Wikidata

  1. Dow Jones Industrial Average

    The Dow Jones Industrial Average /ˌdaʊ ˈdʒoʊnz/, also called the Industrial Average, the Dow Jones, the Dow Jones Industrial, 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. The industrial average was first calculated on May 26, 1896. Currently owned by S&P Dow Jones Indices, which is majority owned by McGraw-Hill Financial, it is the most notable of the Dow Averages, of which the first was first published on February 16, 1885. The averages are 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. The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry.

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Numerology

  1. Chaldean Numerology

    The numerical value of Dow Jones Industrial Average in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of Dow Jones Industrial Average in Pythagorean Numerology is: 3

Examples of Dow Jones Industrial Average in a Sentence

  1. Ali Nouri:

    We're not letting the science drive the conversation, we're letting the Dow Jones Industrial Average drive the conversation and that has been a problem and that's why we're playing catch up.

  2. Rick Meckler:

    There's only a small group of investors who actually target their investing to the Dow Jones Industrial Average, all in all, I don't think it's meaningful to investors.

  3. Ethan Harris:

    A sustained selloff in the stock market starts to catch people's attention and does affect confidence over time, the average person judges the economy by a few statistics. One of them is the Dow Jones Industrial Average.

  4. Jennifer Ellison:

    The Dow Jones industrial average’s going to be tough to get much of a rally now because it's so quiet and volume is already down, nobody’s interested in anything except making some modest tweaks to their portfolios for year-end spit and polish.

  5. Patrick Keon:

    Equity indices bounced last week, with the S&P 500 up 1.3 percent, Dow Jones Industrial Average up 1.2 percent, high yield fund returns are the most closely correlated with equities out of taxable bonds, so there might be a relationship there.


Translations for Dow Jones Industrial Average

From our Multilingual Translation Dictionary

  • مؤشر داو جونز الصناعيArabic
  • Dow Jones Industrial AverageNorwegian

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"Dow Jones Industrial Average." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/Dow+Jones+Industrial+Average>.

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