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The market figures are results of all trades of the day from the carryover. Individual stocks go up, and others down, the net effect of ups and downs adjust the prior days carryover. As the market is said to go up 100 points, that is the net of all sales; losers and winners net effect... the balance from start to finish is maintained until 4 PM when markets close, the closing balance is carried over to the next day to start again. You can later take each day start and end and match them to view the fluctuation of the market for any period of time.

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Q: If a stock market point is worth one dollar and the stock market is at 8500 points the whole stock market is only worth 8500 dollars -I don't get it?
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What I think you may be referring to are "basis points". If that is the case, a basis point is essentially a fraction of a % (1/100). So, for every 1%, there are 100 basis points. If this did not answer your question, please let me know. If you are referring simply to "the market is up a half a point"... then that is just one dollar. There is no real reason for calling dollars points, it is just a tradition in US markets and are not the same as basis points.


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