The Mudcat Café TM
Thread #114804 Message #2452787
Posted By: Uncle Phil
29-Sep-08 - 09:38 AM
Thread Name: BS: Dumb Q: What are stock market 'points'?
Subject: RE: BS: Dumb Q: What are stock market 'points'?
For US stock markets a point is $1US. For example, the Dow Jones Industrial Average that is usually reported in the news is the average price in dollars the stocks for 30 US industrial companys.