The term 'average' commonly refers to the arithmetic mean, which is a measure of central tendency. In finance, it refers to an appropriately weighted and adjusted arithmetic mean of selected securities designed to represent market behavior.
Dow Jones is a highly reputable financial information services company, known for its influential publications such as The Wall Street Journal, Barron's National Business and Financial Weekly, and Smart Money, as well as its extensive computer databases and additional financial information services.
The Dow Jones Industrial Average (DJIA) is the most widely followed benchmark of stock market performance, containing value changes for stocks of 30 large corporations.
