| how is the value of the stock market measured - what do the 'points' refer to |
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how is the value of the stock market measured - what do the 'points' refer to
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When people say, ''the Dow was down 400 points today they mean that the value of the index (in this case, the Dow Jones Industrial Average) dropped 400. The Dow is a composite of the 30 companies that have been selected for the index. They change from time to time. To review which companies comprise the index at this time, visit:
http://finance..com/q/cp?s=^DJI
Best of success.
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