Dow Jonesn.
/ˌdaʊ ˈdʒəʊnz/, U.S. /ˈˌdaʊ ˈdʒoʊnz/ Used attributively to designate an index of the relative price of American securities based on the current average rates of an agreed select list of industrial and other stocks. Also in shortened form Dow.
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society > trade and finance > stocks and shares > [noun] > prices of stocks and shares > relative price or average (system)
Dow Jones1908
Nikkei-Dow(-Jones)1970
Nikkei average1975
1908 Ticker Jan. 38/1 The Dow-Jones System of Averages is simply a method of calculating the average price of 20 active railroad stocks and 12 industrial stocks.
1922 W. P. Hamilton Stock Market Barometer i. 7 The Dow-Jones average is still standard, although it has been extensively imitated.
1957 Encycl. Brit. XVIII. 474/1 The Dow Jones averages..were based on 30 industrials, 20 railroads and 15 utilities.
1962 S. Strand Marketing Dict. 44 Various ways of measuring the trend of securities prices on the N.Y. Stock Exchange, the most popular of which is the Dow-Jones average of 30 industrial stocks.
1962 S. Strand Marketing Dict. 45 In the case of the Dow-Jones industrial average, the prices of the 30 stocks are totaled and then divided by a divisor which is intended to compensate for past stock splits and dividends and which is changed from time to time.
1964 Financial Times 25 Feb. 3/1 As the Dow Jones Industrial Average approached the 800 level lively profit-taking was attracted, which limited the markets rise to mostly fractions.
1968 Globe & Mail (Toronto) 17 Feb. B 7 Among the 30 Dow Industrials, 18 declined, 7 advanced and 5 were unchanged.
1968 Globe & Mail (Toronto) 17 Feb. B 8 The Dow-Jones industrial average was down 2·89 points to 836·34.
1970 Daily Tel. 1 June 16/2 Prices plummetted to the ‘low’ of 631 on the Dow in response to genuinely poor economic prospects.
This entry has not yet been fully updated (first published 1972; most recently modified version published online March 2022).
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n.1908