dow jones averages

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A trademark used for three indexes of the relative price of selected industrial, transportation, and utility stocks based on a formula developed and periodically revised by Dow Jones & Company, Inc
Dow Jones Average
a daily list of prices of shares on the American stock exchange, based on the daily average prices of 30 industrial shares. Stock price average computed by Dow Jones & Co. Founded in 1882 by Charles H. Dow (1851-1902) and Edward D. Jones (1856-1920), Dow Jones & Co. commenced publication of the Wall Street Journal in 1889 and began computing a daily industrials average in 1897. Dow Jones publishes averages based on 20 transportation stocks, 15 utility stocks, and 30 selected industrial stocks, as well as a composite average of all three; the industrial-stocks average is universally followed by U.S. and international investors. The company also publishes several bond averages. See also NASDAQ; stock exchange
Dow Jones average
weighted average of price of stocks that are being traded on the American stock exchange
dow jones averages

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