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EDITORIAL : THUMBS UP.


STEP aside, Dow Jones industrial average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
. The brand-new Daily News/Bloomberg Index, consisting of 50 of the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 area's top publicly traded companies publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
, outperformed all leading stock indexes Monday, which was the new index's first day. We'll chalk it up as a sign of the Valley's robust economy.
COPYRIGHT 1997 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Article Type:Editorial
Date:Sep 24, 1997
Words:50
Previous Article:EDITORIAL : GET ON THE (FAST) TRACK; CONGRESS SHOULDN'T HAMSTRING CLINTON'S ABILITY TO SEEK BETTER FOREIGN TRADE.(EDITORIAL)(Editorial)
Next Article:PUBLIC FORUM : BOXER'S HANDGUN PLOY `CLUMSY,' `DESPERATE'.(EDITORIAL)(Editorial)(Letter to the Editor)



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