AboutHarry Hayfield Expertise I`ve been interested in investing in the stock market since December 1990 and in recent months have been an avid viewer of Bloomberg and CNBC Television.
Question yes please sir, my question...if i may,is;while observing the stock market("DOW")on television go up(or down)in "points";i also notice another(larger)number right underneath it also changing. currently that larger number is in the(7,000+/-)range. what is this larger number,and what does it mean/tell me? thank you kindly for taking the time to read my question;and any consideration to answering it. best regards,bob
Answer This larger number is the actual DOW index. The DOW is an index made up of the top 30 American stocks that was set at 100 back in 1930 and has been tracked daily based on the price movements of those 30 stocks. Yesterday the DOW increased by 497 points. This means that if you wanted to buy one share of the index, it will cost you $4.97 more than if you wanted to buy one share on Friday.
