Dow-Jones Industrial Average
Definition of Dow-Jones Industrial Average
n.
1.
(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
.
Related Words
Dow
Jones
,
stock
index
,
stock
market
index
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Dow-Jones Index
-Dow-Jones Industrial Average-
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