释义 |
Dow-Jones|ˌdaʊˈdʒəʊnz| The names of C. H. Dow (died 1902) and E. D. Jones (died 1920), American economists, used attrib. to designate an index of the relative price of American securities based on the current average rates of an agreed select list of industrial and other stocks. Also in shortened form Dow.
1908Ticker Jan. 38/1 The Dow-Jones System of Averages is simply a method of calculating the average price of 20 active railroad stocks and 12 industrial stocks. 1922W. P. Hamilton Stock Market Barometer i. 7 The Dow-Jones average is still standard, although it has been extensively imitated. 1957Encycl. Brit. XVIII. 474/1 The Dow Jones averages..were based on 30 industrials, 20 railroads and 15 utilities. 1962S. Strand Marketing Dict. 44 Various ways of measuring the trend of securities prices on the N.Y. Stock Exchange, the most popular of which is the Dow-Jones average of 30 industrial stocks. Ibid. 45 In the case of the Dow-Jones industrial average, the prices of the 30 stocks are totaled and then divided by a divisor which is intended to compensate for past stock splits and dividends and which is changed from time to time. 1964Financial Times 25 Feb. 3/1 As the Dow Jones Industrial Average approached the 800 level lively profit-taking was attracted, which limited the markets rise to mostly fractions. 1968Globe & Mail (Toronto) 17 Feb. B 7 Among the 30 Dow Industrials, 18 declined, 7 advanced and 5 were unchanged. Ibid. B 8 The Dow-Jones industrial average was down 2·89 points to 836·34. 1970Daily Tel. 1 June 16/2 Prices plummetted to the ‘low’ of 631 on the Dow in response to genuinely poor economic prospects. |