Financial Times Industrial Ordinary Share Index
an index of share prices produced by the Financial Times, designed to reflect general price trends: based on the average price of thirty British shares
hard timesRead more in this article about some frequently asked questions and fun facts related to our definitions.
When stocks go up or down, what exactly do people mean by “the Dow?”When someone casually uses a term they assume you understand but don’t, you have a few choices. You can get frustrated, or you can look it up. Financial jargon can be a code of confusing abbreviations and arithmetic. Let’s focus on one of the most common bits of shorthand: “the Dow.” The full name for this measure of stock performance is the Dow Jones Industrial Average. Charles …
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