Definition

1. Noun:
   • A stock market index: The Dow-Jones Industrial Average (DJIA) is a specific, widely-followed indicator that measures the performance of the stock market. It is calculated based on the stock prices of 30 large, publicly-owned companies (blue-chip stocks) listed on the New York Stock Exchange and the Nasdaq.

Usage

• The Dow-Jones Industrial Average is used as a benchmark to gauge the overall health and trends of the U.S. stock market.
• It is commonly referenced in financial news, reports, and economic analysis.

Examples

Advanced Usage

• "The Dow": A common, informal shorthand for the Dow-Jones Industrial Average.
  • The Dow closed at a record high.
• Technical Analysis: Traders analyze the movements and trends of the Dow-Jones Industrial Average to make investment decisions.

Variants and Related Words

• Dow Jones: Often used interchangeably with "Dow-Jones Industrial Average," though technically "Dow Jones" is the company that publishes the index.
• The Dow 30: Refers to the group of 30 component stocks that make up the index.
• Blue-chip stocks: A term for the shares of large, well-established, and financially sound companies, like those in the DJIA.

Synonyms

• Stock market index: A general term for any statistical measure of the stock market's performance (e.g., S&P 500, NASDAQ Composite).
• Market barometer: A metaphorical term for an indicator of market conditions.

Related Phrases

• To track the Dow: To monitor the performance of the Dow-Jones Industrial Average.
  • My portfolio strategy involves tracking the Dow.
• Dow component: A company whose stock is part of the Dow-Jones Industrial Average.
  • Apple is a major Dow component.

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