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dow-jones industrial average

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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.

Usage Instructions:
  • You can use "Dow Jones Industrial Average" when discussing finance, investing, or the economy.
  • It is often used in news reports, financial articles, and discussions about the stock market.
Example:
  • "Yesterday, the Dow Jones Industrial Average went up by 200 points, which means that the stock market is doing well."
Advanced Usage:
  • Financial analysts often look at the Dow Jones Industrial Average to gauge market trends and predict future movements in the stock market.
  • The Dow is often compared to other stock market indicators, like the S&P 500 or NASDAQ.
Word Variants:
  • Dow (informal short form)
  • Dow Jones (another common abbreviation)
Different Meanings:
  • In finance, "average" refers to a calculated value, but in everyday language, "average" can also mean something that is typical or normal.
Synonyms:
  • Stock market index
  • Market indicator
Idioms and Phrasal Verbs:

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.

Summary:

The Dow Jones Industrial Average is a key measure of the stock market's performance, based on 30 large companies.

Noun
  1. an indicator of stock market prices; based on the share values of 30 blue-chip stocks listed on the New York Stock Exchange
    • the Dow Jones Industrial Average is the most widely cited indicator of how the stock market is doing

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