Definitions for "DJIA"
Keywords:  dow, jones, nyse, oldest, coca
Short for the Dow Jones Industrial Average. The most widely used indicator of...
Dow Jones Industrial Average. A stock average comprised of 30 high-quality industrial stocks selected for total market value and broad public ownership and believed to reflect overall market activity.
DOW JONES INDUSTRIAL AVERAGE. The Dow Jones Industrial Average (DJIA) is an index used to measure the performance of the U.S. financial markets. Introduced on May 26, 1896 by Charles H. Dow, it is the oldest stock price measure in continuous use. Over the past century "the Dow" has become the most widely recognized stock market indication in the U.S. and probably in the entire world. Most of the stocks included in the index are listed on the New York Stock Exchange, and are all large blue-chip companies that reflect the health of the U.S. economy. All but a handful of these have major business operations throughout the world, thus providing some insight into the economic well-being of the global economy.