The Dow Dow Jones Industrial Average Dow Jones Index Dow Index
The Dow Jones Industrial Average (DJIA) is also called the Dow 30, The Dow Index, or The Dow (even though there are other indexes created by Dow Jones). The word "Industrial" is historic as The Dow is now meant to represent all of the U.S. stock market — not just industrial stocks.
30 stocks are selected from the New York Stock Exchange. From time-to-time the stocks on the index change. General Electric is the only stock remaining from the list of the original 12 stocks in 1896.
Despite weaknesses compared to some more modern indexes (see Wikipedia for details), The Dow is the most widely watched index because:
1. It is the oldest continually published index.
2. It is created and published by the business newspaper, "Wall Street Journal".
3. It does a reasonable job of representing the market (especially stocks of large companies which represent most of the market).
Changes in The Dow do not reflect dividend payments.
The Dow is up for the year, but dropped over a 100 points today.
The Dow-Jones averages ….
Pat Frank -- Alas, Babylon
You talk of killings, of targets, of "beyond-salvage"… of a mocked-up suicide — the victim here, talking about his own death — as if you were discussing the Dow-Jones or a restaurant menu!
Robert Ludlum -- The Bourne Supremacy
Not to mention admen on the Dow Chemical account, which is the company that makes the stuff, and they’re looking to position their product as a food wrap and a scumbag, if only they could devise a diplomatic language.