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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.

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