The Collaborative International Dictionary
Dow-Jones Industrial Average
Dow-Jones Industrial Average \Dow-Jones Industrial Average\, n. (Finance) an index of certain stock prices on the New York Stock Exchange, computed by the Dow Jones publishing company as a weighted average of the prices of the common stocks of 30 specific companies classified as "industrial". The Dow Jones Industrial Average is often taken as an indicator of the movement of American stock prices generally, though other indices are maintained, averaging the prices of other stocks, and these often change in opposite directions from those of the DJIA.
Syn: DJI, DJIA, Dow, Dow Jones, Dow-Jones Average. [PJC]
Usage examples of "dow-jones industrial average".
The Dow-Jones Industrial Average breaks 15,000 briefly, but settles at 14,989.