Investor Glossary-djiaInvestor Glossary-djiaInvestor Glossary-djiaInvestor Glossary-djiaInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

DJIA

The HTML to link to this page
 

The DJIA (Dow Jones Industrial Average), also known as the Dow, is the oldest continuing US market index and most widely quoted stock market indicator. The DJIA is a price-weighted average, meaning a $70 stock has more impact on the DJIA than a $30 stock. The DJIA is composed up of 30 large, well-known, industrial stocks that are generally industry leaders and trade daily on the New York Stock Exchange or Nasdaq. The DJIA is used as an overall indicator of market performance, but some criticize it for not being representative of the stock market as a whole due to its concentration in just 30 stocks. The DJIA is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company founder Charles Dow in 1896. Dow compiled the DJIA as a way to measure the performance of the industrial component of America's stock markets. The DJIA is quoted in points, not dollars.



Rate this DJIA definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: diluted share, phantom income, labor relations, liquidity ratio, APR, per diem, ex-dividend date, ex-dividend, inflation, FICO score, option premium, average price per share, cancelled check, VIX, deferred revenue, covered put, class C shares, quality assurance, irrevocable trust, command economy, in escrow, wholly-owned subsidiary, retained earnings, debt service coverage, balance sheet, real GDP, required rate of return, 1031 exchange, minority interest, dividends payable, EBITDA, deferred tax, risk management, Key Rate Duration, 144a, annual return, implied volatility, limit order, LIBOR, 1035 exchange, margin rate, stock split, open position, 401a, reverse mortgage, current ratio, Zero Cost Collar, FTSE, stock market close


Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use