Dow Jones Industrial Average
- noun
- /daʊ dʒoʊnz ɪnˈdʌstriəl ˈævərɪdʒ/
- The Dow Jones Industrial Average was down about 100 points at 10:00 a.m. ET, minutes before the court's ruling was announced.
- points on the Dow Jones Industrial Average
- Dow Jones Industrial Average gained
- Dow Jones Industrial Average lost
Examples
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Circuit-breaker points represent the thresholds at which trading is halted marketwide for single-day declines in the Dow Jones Industrial Average (DJIA).
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Disney is one of 30 stocks included in the Dow Jones Industrial Average.
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The Dow Jones Industrial Average dropped more than 70 points in morning trading.
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They all declared bankruptcy and were removed from the Dow Jones Industrial Average.
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Market performance in February was mixed, with the Dow Jones Industrial Average advancing and the Nasdaq Composite Index losing ground.
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The early money has stocks going higher in New York on Monday morning: Futures trading of the Dow Jones Industrial Average opened up about 75 points on Sunday.
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Among current banking components of the Dow Jones Industrial Average, Citigroup was booted from the Dow.
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Back in 1987, three companies were included in the Dow Jones Industrial Average that are no longer there today: Bethlehem Steel Corp., Eastman Kodak Co., and General Motors Corp.
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The stock market plummeted in morning trading the day after President Barack Obama's re-election, with the S&P 500 falling 1.9 percent and the Dow Jones Industrial Average both down 2 percent.
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Today, the Dow Jones Industrial Average increased by 120 points, demonstrating strong market performance.
Synonyms
A number showing the average price of stocks in 30 large US companies
A measure that shows how 30 large American company stocks are doing
Surface Forms
Morphology
Dow + Jones + industrial + average
The components 'industrial' and 'average' give a partial clue—suggesting some kind of industry-related average—but the full meaning is a conventionalized proper name for a specific American stock-market index. A B1 learner who knows the constituent words would not reliably infer that it refers to a stock index of 30 large companies (or recognize 'Dow Jones' as the name/brand), so the expression is only partially transparent.
Etymology
Dow Jones Industrial Average is named after two men, Dow and Jones, who long ago took prices from big industrial companies and made a simple average to show how the market was doing. So today the name means 'a number that shows the general health of the stock market'.