What's a point on the Dow, S&P or Nasdaq?

Jul 13, 2021
Our listener asks what constitutes a "point" on the major stock market indexes.
The American obsession with stock index numbers developed during the economic boom years of the 1950s and '60s, according to historian Tom Stapleford.
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The Dow at 125: Why it endures

May 26, 2021
The Dow Jones Industrial Average, filled with household-name companies, "has a special place in the imagination."
Wall Street is the iconic location of the American stock market, and the Dow Jones Industrial Average is the market's iconic index of household-name companies.
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Dow crests 30,000 on vaccine hopes, Biden transition

Nov 24, 2020
Investors were encouraged by the latest vaccine progress and news that the transition of power in the U.S. will finally begin.
Stocks have rallied in November, with the Dow reaching a milestone level Tuesday.
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Dow index boosts its tech profile with addition of Salesforce

Aug 25, 2020
Bellwether market index also adds Honeywell and Amgen and expels Exxon and others. Move reflects tech's expanding role in the economy.
The floor of the New York Stock Exchange in March. The Dow Jones index has been updated to maintain its relevance, in one expert's view.
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Dow slumps 800 points after bonds flash recession warning

Aug 14, 2019
The S&P 500 index dropped nearly 3% as the market erased all of its gains from a rally the day before.
Traders work on the floor of the New York Stock Exchange on Wednesday. Stocks plummeted, with the Dow down over 800 points.
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Market volatility? Let's not worry like it's 1987

Oct 25, 2018
Jason Zweig says recent drops in the Dow are not cause for concern.
A trader on the New York Stock Exchange on "Black Monday," Oct. 19, 1987. The Dow Jones Industrial Average fell 508 points, making a 22.6 percent drop in the index. An equivalent drop today is closer to a 2 percent loss.
MARIA BASTONE/AFP/Getty Images

Market volatility? Let's not worry like it's 1987

Oct 25, 2018
Jason Zweig says recent drops in the Dow are not cause for concern.
A trader on the New York Stock Exchange on "Black Monday," Oct. 19, 1987. The Dow Jones Industrial Average fell 508 points, making a 22.6 percent drop in the index. An equivalent drop today is closer to a 2 percent loss.
MARIA BASTONE/AFP/Getty Images

For public good, not for profit.

Today’s trading was the very definition of volatility

Feb 6, 2018
But the bigger context is volatility in the markets has actually been falling over the last 30 years.
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The Dow dive computers might have caused

Feb 6, 2018
Algorithms don’t generally create steep declines, but they do amplify trends, one expert says.
Closing numbers are displayed at the New York Stock Exchange in 2018.
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