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Dow Jones average |
Also found in: Financial, Encyclopedia, Wikipedia | 0.04 sec. |
Dow Jones averageNew York Stock Exchange index, the most widely used indicator of US stock market prices. The average (no longer simply an average but today calculated to take into account changes in the constituent companies) is based on prices of 30 major companies, such as IBM and Walt Disney. It was first compiled in 1884 by Charles Henry Dow, cofounder of Dow Jones & Co., publishers of the Wall Street Journal. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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? Mentioned in | ? References in periodicals archive | |
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PHOTO (Color) Traders work the floor Monday on Wall Street as the Dow Jones average drops by 1. For the national market, the picture was much the same> in November the Dow Jones average rose 4. By having a handle on future movement of the Dow Jones average, investors can gain insight into futures, industrial sectors, and indexes related to or impacted by the Dow--as well as the performance of the most influential companies in the United States. |
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