How do people figure out points for the stock market?
I see there is the Nasdaq and Dow Jones. They have minus or positive something. Is it how much they sell? How much profit they make? I mean about the Nasdaq or Dow Jones. In "they" I meant the markets.
Public Comments
- Dow, Nasdaq, and S&P 500 are indexes or baskets of stocks. They're used as a proxy for the various markets. So when the S&P, Dow, and Nasdaq are up, they say the market is up. The plus/minus is the change in the value of the index vs. the prior trading day. Here's how you read the #'s part. http://www.investopedia.com/university/tables/tables1.asp Here's general info on the indexes. http://www.investopedia.com/university/indexes/ For Fri, Dow closed at 12,342.56 It was up 36.74 or 0.30% The day's high was 12342.56 (yes, closed at the high!) The day's low was 12277.40 Hope that helps!
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