Dow Jones average

American  

[dou johnz av-er-ij, av-rij] / ˈdaʊ ˈdʒoʊnz ˈæv ər ɪdʒ, ˈæv rɪdʒ /

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.

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Dow-Jones average British  

/ ˈdaʊˈdʒəʊnz /

noun

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

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Etymology

Origin of Dow-Jones average

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

Example Sentences

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

From Seattle Times • Jan. 25, 2022

The Dow Jones average rose over 1,900 points Friday but was still in bear market territory, down over 20 percent from its all-time last month.

From Washington Times • Mar. 14, 2020

Wall Street traders took it as an invitation to begin piling back into stocks, sending the Dow Jones average up by more than 600 points.

From Washington Post • Nov. 29, 2018

The Dow Jones average has left past versions of the same in the dust.

From Salon • Sep. 30, 2018

This is profitability even by modern Wall Street standards: if the Dow Jones average had risen a similar amount since World War II, the index would now stand at over twenty thousand.

From "Circumference" by Nicholas Nicastro