Dow Jones Average

/dow/, Trademark.
any of the indexes published by Dow Jones & Company, a financial publishing firm in New York City, showing the average closing prices of the representative common stocks of 30 industrials, 20 transportation companies, or 15 utilities.

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Stock price average computed by Dow Jones & Co. Founded in 1882 by Charles H. Dow (1851–1902) and Edward D. Jones (1856–1920), Dow Jones & Co. commenced publication of the Wall Street Journal in 1889 and began computing a daily industrials average in 1897.

Dow Jones publishes averages based on 20 transportation stocks, 15 utility stocks, and 30 selected industrial stocks, as well as a composite average of all three; the industrial-stocks average is universally followed by U.S. and international investors. The company also publishes several bond averages. See also NASDAQ; stock exchange.

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 stock price average computed by Dow Jones & Company, Inc. The averages are among the most commonly used indicators of general trends in the prices of stocks (stock) and bonds (bond) in the United States. Dow Jones & Company, a financial news publisher founded by Charles Henry Dow (Dow, Charles Henry) and Edward D. Jones, began computing a daily industrials average in 1896, using a list of 12 stocks and dividing their total price by 12. The list of stocks has since been broadened, and the divisor has been adjusted to compensate for stock splits, stock substitutions, and significant dividend changes. Thus, the averages are not arithmetical means but averages meant to indicate general market price trends. The most commonly quoted is the Dow Jones Industrial Average, which is based on the prices of 30 industrial stocks. Other Dow Jones averages include one based on 20 transportation stocks, one based on 15 utility stocks, a composite based on 65 stocks, and several bond averages. Other popular gauges of the American securities markets are the S&P 500 (S&P 500) and the Russell 2000 indexes.

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Universalium. 2010.

Look at other dictionaries:

  • Dow Jones Average — /dow/, Trademark. any of the indexes published by Dow Jones & Company, a financial publishing firm in New York City, showing the average closing prices of the representative common stocks of 30 industrials, 20 transportation companies, or 15… …   Useful english dictionary

  • Dow Jones average — may refer to: Dow Jones Industrial Average Dow Jones Transportation Average Dow Jones Utility Average Dow Jones Composite Average This disambiguation page lists articles associated with the same title. If an …   Wikipedia

  • Dow Jones Average — a daily list of prices of ↑shares on the American ↑stock exchange, based on the daily average prices of 30 industrial shares …   Dictionary of contemporary English

  • dow-jones average — noun also dow jones index ˈdau̇|jōnz Usage: usually capitalized D&J Etymology: after Charles H. Dow died 1902 and Edward D. Jones died 1920 American financial statisticians : an index of the relative price of securities based on the daily average …   Useful english dictionary

  • Dow Jones Average — Dow′ Jones′ Av erage [[t]daʊ[/t]] Trademark. bus any of the indexes published by Dow Jones & Company showing the average closing prices of the representative common stocks of 30 industrials, 20 transportation companies, or 15 utilities. Also… …   From formal English to slang

  • Dow-Jones Average — (also the Dow Jones Index, also infml the Dow) any of several numbers produced on each day of trade by the New York Stock Exchange. They each represent the total average price of the shares of certain specific companies. The Dow began in 1884 and …   Universalium

  • Dow Jones Average — /ˌdaυ dʒəυnz ˌæv(ə)rɪdʒ/ noun same as Dow Jones Industrial Average …   Dictionary of banking and finance

  • Dow Jones average — noun Etymology: Charles H. Dow died 1902 & Edward D. Jones died 1920 American financial statisticians Date: 1922 an index of the relative price of securities …   New Collegiate Dictionary

  • Dow Jones average — weighted average of price of stocks that are being traded on the American stock exchange …   English contemporary dictionary

  • Dow Jones Average — noun (singular) a daily list of prices of shares (share2 (6)) on the American stock exchange, based on the daily average prices of 30 industrial shares …   Longman dictionary of contemporary English

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