Every time I log on to Yahoo!, I see the two percentages that read "Dow" and "Nasdaq". I'm not an "economy" kind of person, and I have never gotten this. Could someone please explain to me what these terms are, and why there was such a sudden drop on it today? Why is it a "dark day for the dow"?????
2007-02-27 10:10:34 · 7 answers · asked by [divinorum] 3 in News & Events ➔ Media & Journalism
By the way I am NOT a child, as most of you may think I am, just because I don't know what that is...
2007-02-27 13:34:45 · update #1
The Dow (better known as the Dow Jones Industrial Averages) and Nasdaq are indexes of stocks. They are a broad measure of how well the economy is doing by measuring various stocks.
When a bunch of the Dow stocks go down in price, the percentage goes down, and it would create a "Dark Day for the Dow". Don't be too worried about it because the dow goes up and down and unless it goes down several days in a row, we have nothing to worry about.
2007-02-27 10:19:32 · answer #1 · answered by boonestudent18 3 · 0⤊ 0⤋
This is why Moses said not to worship the golden "cash" cows.
The exalted will be brought low and the low will be exalted.
If it sounds too good to be true, or too easy, IT IS>
Stay away from it and
Money is the ROOT of EVIL
2007-02-27 18:35:05 · answer #2 · answered by eg_ansel 4 · 0⤊ 1⤋
they are indexes
lists of the top 100 /200/500 compasnies and thier combined share price were we able to buy one share from/of each
one in industrial , minerals ,metals etc,[i think] the other bankers insurance retailers as such
the mr biggs combined worth if we owned but one share in each.
2007-02-27 18:19:26 · answer #3 · answered by Anonymous · 1⤊ 0⤋
Dont listen to everyone who sais stay away from the stock market.Stock prices have to go up and they also have to go down for it to work properly.
2007-03-03 14:48:40 · answer #4 · answered by J's leather emporium 3 · 0⤊ 0⤋
big stock market companies.
when people get odler its a good idea to sometimes invest in stock.
if the company does well, you make money,
if it is ****, you lose money.
2007-02-27 18:18:21 · answer #5 · answered by stjimmy62992 1 · 0⤊ 1⤋
they are stock markets. when you get older and invest your money you'll find out more.
2007-02-27 18:13:58 · answer #6 · answered by Anonymous · 0⤊ 1⤋
...they are two words for people who have lots of money...
2007-03-05 19:28:14 · answer #7 · answered by Anonymous · 0⤊ 0⤋