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Dow Jones Industrial Average

Dow Jones Industrial Average, most frequently cited gauge of U.S. stock market performance. Compiled since 1884, the Dow Jones Average is a composite of the prices of 30 leading industrial stocks. In addition, Dow Jones compiles a Transportation Average (20 stocks), a Utility Average (15 stocks), and a Combined Average (all 65). Other key market indicators are Standard and Poor's 500 and the New York Stock Exchange Price index (all stocks traded on the exchange). On April 17, 1991 the Down Jones Industrial Average broke the 3000 mark with a record 3004.06.

See also: Stock exchange.

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21st Century Webster's Family Encyclopedia21st Century Webster's Family Encyclopedia - Diana to Dreadnought