An index of stock prices issued by Standard and Poor, a major credit-rating agency, and indicating price movements of the shares of five hundred major companies traded on the New York Stock Exchange. (Compare Dow Jones Industrial Average.)
The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.