(the) Dow

(the) Dow
the Dow Jones Index 7 [Dow Jones Index] [ˌdaʊ ˈdʒəʊnz ɪndeks] [ˌdaʊ ˈdʒoʊnz ɪndeks] (also ˌDow ˈJones average, the ˈDow) noun singular
a list of the share prices of 30 US industrial companies that can be used to compare the prices to previous levels
See also: ↑Dow Jones average  
Culture:
The Dow Jones Index is produced on each day of trade by the ↑New York Stock Exchange. Several different numbers are produced and each represents the total average price of the shares of certain specific companies. The Dow began in 1884 and is used to measure the strength of the US stock market. The numbers are in points, not dollars. Four separate averages are given, and the most important is the Dow-Jones Industrial Average, based on 30 major companies.

Useful english dictionary. 2012.

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