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What are the "Points" From the Dow Jones....?
News reports that the Dow Jones has lost or dropped x amount of "points" ...What is this ??? A drop in 400 + points...meant a loss of a trillion dollars....Thanks
2 Answers
- Anonymous1 decade agoFavorite Answer
they choose certain stocks (biggest and widely-traded stocks) to keep watch of and report. those numbers are how those stocks are performing on average.
- 1 decade ago
How difficult this can be to understand. I thought my college prof said that a point (at the time) was worth about $12.
But anyway, here's this....