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Finance Dictionary and Glossary of Investment Terms
Barometer
Definition 1.
Economic and market data that represent an overall trend. The Dow Jones Industrial Average is an example of a stock market barometer.
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Definition 2.
An instrument used to forecast trends. For example, a barometer stock is a stock that has a price trend indicative of the market.
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Definition 3.
Economic and market data used to indicate overall trends. Examples are unemployment rates, interest rates, consumer spending, and housing starts.
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