Definition of Dow Jones Industrial Average DJIA

Dow Jones Industrial Average (DJIA): a price-weighted average of 30 blue chip stocks listed on the New York Stock Exchange. One of the oldest and most widely quoted stock market indices. [1]

A share index of about 30 leading companies, whose movements show the direction of the New York stockmarket as a whole. The Dow Jones Industrial Average is the most important index, often referred to as the Dow Jones. [2]

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