from
The Collaborative International Dictionary of English v.0.48
Dow-Jones Industrial Average \Dow-Jones Industrial Average\, n.
(Finance)
an index of certain stock prices on the New York Stock
Exchange, computed by the Dow Jones publishing company as a
weighted average of the prices of the common stocks of 30
specific companies classified as "industrial". The Dow Jones
Industrial Average is often taken as an indicator of the
movement of American stock prices generally, though other
indices are maintained, averaging the prices of other stocks,
and these often change in opposite directions from those of
the DJIA.
Syn: DJI, DJIA, Dow, Dow Jones, Dow-Jones Average. [PJC]