Dow Jones Industrial Average

Definition

The Dow Jones Industrial Average (DJIA) is a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Related terms

Stock Market Index: A measurement of a portion of the stock market calculated from prices of selected stocks. The DJIA is one example.

Blue Chip Stocks: These are nationally recognized, well-established, and financially sound companies. The DJIA consists entirely of this type of stock.

Bull Market/Bear Market: These terms describe how stock markets are doing overall. A bull market is when prices are rising, while a bear market is when prices are falling.