What does it mean when in the news you see that the market lost "so many points" ????????

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What does it mean when in the news you see that the market lost "so many points" ????????

2007-08-28 02:33:41 · 3 answers · asked by chavitini 1 in Business & Finance ➔ Corporations

3 answers

They are usually talking about the Dow Jones industrial index. That's only 30 stocks, but is theoretically representative of the market. There are other indices also - such as NASDAQ and Russell 2000.

2007-08-28 02:52:58 · answer #1 · answered by Judy 7 · 0⤊ 0⤋

this mean the bear is closing in on the bull.

2007-08-28 02:41:03 · answer #2 · answered by jeff 6 · 0⤊ 0⤋

a point is just a dollar.

2007-08-28 02:38:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋