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Dow-Jones Industrial Average

Dow-Jones Industrial Average

4 4.4
A measure that shows how 30 large American company stocks are doing
  • noun
  • /daʊ ˈdʒoʊnz ɪnˈdʌstriəl ˈævərɪdʒ/
translation icon : promedio industrial Dow-Jones
  • On Wall Street today, the Dow-Jones Industrial Average gained 28 points to close at 16,943.
  • Dow-Jones Industrial Average gained points
  • Dow-Jones Industrial Average gained
  • Dow-Jones Industrial Average lost

Examples

  • "For all we knew, they were discussing the Dow-Jones industrial average, but Mom's intervention worked.

    Fiction book (2000)
  • In 1996, for example, President Bill Clinton saw a landslide win after the stock market, as measured by the Dow Jones Industrial Average, surged 63.8 percent in the three years ahead of the election.

    Blog text (29)
  • On Wall Street today, the Dow-Jones Industrial Average gained 13 points to close above 18,300.

  • And on Wall Street, the Dow-Jones Industrial Average lost 49 points to close at 15,401.

Synonyms

Dow Jones
vsDow-Jones Industrial Average
224 4.2

A number showing the average price of stocks in 30 large US companies

uses the measure as a main indicator of overall market health rather than only prices
Dow Jones Industrial Average
vsDow-Jones Industrial Average
41 3.9

A number showing how the stock prices of 30 large US companies are doing

includes companies listed on both New York Stock Exchange and NASDAQ rather than mostly one
stock index
vsDow-Jones Industrial Average
  • Specialized
6 3.4

A number that shows how a group of stocks is doing

uses thirty specific companies to signal overall market health rather than a general aggregate
stock market index
vsDow-Jones Industrial Average
  • Specialized
1 4.1

A number that shows how prices of selected stocks change over time

focuses on thirty prominent companies to indicate overall market health rather than a sample

Surface Forms

Morphology

Dow-Jones + industrial + average

The phrase includes a proper-name component 'Dow-Jones' (not derivable from general vocabulary) and the collocation 'industrial average' does not transparently indicate a stock-market index measuring 30 firms. This is a specialized, conventionalized financial term whose specific meaning (a market index) cannot be predicted by a B1 learner who only knows the constituent words.

Etymology

Dow-Jones Industrial Average comes from the two men Dow and Jones, who long ago made a simple 'score' by adding the prices of many big companies and finding an average. Imagine them every day writing numbers and watching the average go up or down — that simple number became a quick way to 'measure' overall market health.