Word: Dow Jones Industrial Average
Part of Speech: Noun
Definition: The Dow Jones Industrial Average (often called "the Dow") is a number that shows how well the stock market is performing. It is based on the share prices of 30 large and well-known companies (called blue-chip stocks) that are listed on the New York Stock Exchange. When people talk about the Dow, they are usually referring to how the stock market is doing overall.
While there aren't specific idioms or phrasal verbs directly related to the Dow Jones Industrial Average, here are some related terms: - Bull market: A period when stock prices are rising. - Bear market: A period when stock prices are falling. - Market crash: A sudden and severe drop in stock prices.
The Dow Jones Industrial Average is a key measure of the stock market's performance, based on 30 large companies.