1 point = 1 dollar
The Dow Jones Industrial Average is comprised of the stocks of 30 companies and is the weighted average price of the shares of the 30 companies.
A change in the Dow of 150 points shows that the average price of the 30 companies changed by $150.
It's important to note that there is a complex equation that changes daily which is used to determine how many shares of each of the 30 companies should be used to compute the average. The equation is intended to account for mergers and stock splits that have occurred since the index originated.
There are many ways to measure the value of the stock market. Stock indexes are used to measure the value of a group or section of stocks. This information is then used to compare returns of a specific stock in that group.
Stock market movement is the measure of public (investor and traders) sentiments. The stock market moves with the economic forecast in future which may nor may not turned out to be true.
The Dow stock market closed 266 points down on the 15th of April 2013. The Dow had already fallen 146 points when the Boston Marathon explosions took place at approximately 3pm, after this it fell another 120 points.
The largest drop was 778 points on September 29, 2008
The Standard & Poors 500 index is considered by many to be the bellwether indicator for the stock market. It includes 500 stocks that represent a broad range of markets and products. Therefore, the S&P 500 index is considered an excellent indicator of how the stock market is doing.
On 11/30/11 the S&P was up 4.2%, or 50.24 points from 1196.72 to close at 1246.96.
Karachi Stock ExchangeBy 15 June 2013, KSE 100 index hit unbelievable record of 23,097 points
You can use Beta to measure market volatility because of beta is the elasticity of a stock change as a result of a change in the market. That is, Beta of a sotck is found by comparing the senstivity of a stock's return to the fluctuations in the market.Beta is found by dividing the product of the covwariances of the stock and market retun by the variance of the market.The bench marks of betas are as followed:a risk free investment such as a Tbill (that is guaranteed a return) will have a beta of 0.A portfolio with risk equivalent to the market has a beta of 1.Given those two bench mark, you can gauge at the volatility of the stock/investment by comparing its beta with those two extremes.
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You can find a daily summary of the US stock market's price changes in advancing stocks by checking out financial news websites like Bloomberg, CNBC, or Yahoo Finance. They usually provide detailed reports on the market's performance, including the points gained or lost by individual stocks throughout the trading day. Just remember, the stock market can be a rollercoaster, so buckle up and enjoy the ride!
CNN Stock Market operates every day of the week. CNN Stock Market offers information on the latest news and trends on the stock market with stock quotes.