dow-jones industrial average (Meaning)
dow-jones industrial average (n)
an indicator of stock market prices; based on the share values of 30 blue-chip stocks listed on the New York Stock Exchange
Synonyms & Antonyms of dow-jones industrial average
No Synonyms and anytonyms found
dow-jones industrial average Sentence Examples
- The Dow Jones Industrial Average (DJIA) is a stock market index that tracks the performance of 30 large U.S. companies.
- The DJIA is often considered a barometer of the overall U.S. stock market.
- The DJIA has been in existence since 1896, making it one of the oldest stock market indices.
- The DJIA is calculated by summing the stock prices of the 30 companies and dividing by a divisor, which is adjusted to account for stock splits and other corporate actions.
- The DJIA is weighted by price, meaning that the stock price of the most expensive company in the index has a greater impact on the index's value than the stock price of a less expensive company.
- The DJIA is often compared to other stock market indices, such as the S&P 500 and the Nasdaq Composite Index.
- The DJIA is a popular investment benchmark for both individual and institutional investors.
- The DJIA is often used to gauge the performance of the U.S. economy.
- The DJIA has been historically volatile, experiencing both bull markets and bear markets.
- The DJIA hit an all-time high of 36,799.65 on January 4, 2022.
FAQs About the word dow-jones industrial average
an indicator of stock market prices; based on the share values of 30 blue-chip stocks listed on the New York Stock Exchange
No synonyms found.
No antonyms found.
The Dow Jones Industrial Average (DJIA) is a stock market index that tracks the performance of 30 large U.S. companies.
The DJIA is often considered a barometer of the overall U.S. stock market.
The DJIA has been in existence since 1896, making it one of the oldest stock market indices.
The DJIA is calculated by summing the stock prices of the 30 companies and dividing by a divisor, which is adjusted to account for stock splits and other corporate actions.
