Reference > The New Dictionary of Cultural Literacy > 18. Business and Economics
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  The New Dictionary of Cultural Literacy, Third Edition.  2002.
 
Dow Jones Industrial Average
 
 
An index of the relative price movement of the shares of thirty major industrial companies, most of which are traded on the New York Stock Exchange. Changes in the average (noted as “rises” and “falls”) give investors a general picture of the state of the market. Often referred to as “the Dow.”  1
 
 
The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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