Dow Jones average

[dou johnz av-er-ij, av-rij]

noun

1. any of the indexes published by financial publishing firm Dow Jones and Company, especially any of those showing the average closing prices of the representative common stocks of 30 industrials, 20 transportation companies, or 15 utilities, or a composite of these.

Dow-Jones average

/ ˈdaʊˈdʒəʊnz /

noun

1. a daily index of stock-exchange prices based on the average price of a selected number of securities

Word History and Origins

Origin of Dow Jones average¹

C20: named after Charles H. Dow (died 1902) and Edward D. Jones (died 1920), American financial statisticians

Example Sentences

The job then: “One of the jobs I had was to post what the Dow Jones average was doing on a pegboard, every hour,” says Heilbronn, who is based in New York, and is now among the longest-serving employees at Bank of America, parent company of Merrill.

Read more on The Wall Street Journal

By the time the Great Recession ended in mid-2009, unemployment had doubled to 10% and the Dow Jones Average had fallen by 50%.

Read more on Salon

Finally, we give thanks that gas prices have begun to fall, though not nearly as fast or far as the price of crypto currency, tech stocks or the Dow Jones Average.

Read more on Seattle Times

The Dow Jones average plunged more than 1,000 points during Monday’s trading session before recovering and finishing with a modest gain.

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On Wall Street, the Dow Jones average jumped 1.35% to a record high, outperforming 1.0% gains in tech-heavy Nasdaq, as investors rotated into cyclical shares out of flying-tech firms.

Read more on Reuters