They’re always talking about how many "points" the Dow is up, or how the Nasdaq has lost 0.2% of its points. But, what are these points measuring? Don’t they have a better name for them than "points"?
points just mean dollars and cents.
They’re always talking about how many "points" the Dow is up, or how the Nasdaq has lost 0.2% of its points. But, what are these points measuring? Don’t they have a better name for them than "points"?
points just mean dollars and cents.