There are grocery stores and hardware stores and bakeries, etc. Stock exchanges are stores. You get different products at different exchanges.
To get "listed" on one of the exchanges, you have to have certain requirements. The NYSE (New York Stock Exchange) is comprised of about 2,000 "big $$ folks" -- and it is called "The Big Board" --
and the NASDAQ (National Association of Automated Securities Dealers and Automated Quotations) is a list of about 30,000 "little $$ folks." You see NASDAQ advertising heavily on tvee.
You can find out by adding up the cost of one share of each of the 30 stocks that make up the Dow Industrials. What is the cost?
Make an equation that relates "dollars to points"-- and that is what a 'point' is worth. It is call 'the divisor.' At one time 'one point = $1.' Not any more.
To the first five persons who email me the dates when the Dow went over any or all of the following 'barriers' -- 1,000 and 2,000 and 3,000 and 4,000 and 5,000 and 6000 points .
Answer these questions:
Bonus: 5 points