Point

(redirected from pointing the finger)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Point

The smallest unit of price change quoted, or one one-hundredth of a percent. Related: Minimum price fluctuation and tick.

Point

A way of conceptualizing price changes in the trading of securities. For stocks, a point corresponds to $1, while for bonds it indicates a 1% change relative to the face value. For example, if one states that GE rose two points on Thursday, this means that it rose $2. See also: Tick.

point

A change in the value of a security or a security index or average. For common and preferred stocks a point represents a change of $1. For bonds a point represents a 1% change in face value. For example, a one-point decline in a $1,000 principal amount bond translates to a $10 decline in price. For stock averages and indexes a point represents a unit of movement and is best interpreted as a percent of the beginning value. For example, a 100-point decline in the Dow Jones Industrial Average that started the day at 10,000 represents a 1% fall in the average.
References in periodicals archive ?
By pointing the finger elsewhere, the Chinese can rationalize a refusal to make lasting changes in their practices.
When are we adults going to start pointing the finger at ourselves?
It is that if you want to bring an answer in the world the best place to start is with yourself and your kind, whether it is your race or your country or your creed; that very little is achieved, except to put their backs up, by pointing the finger of blame at people of backgrounds different from your own.
The 33-year-old Democrat recently announced he would not be running for any elected office this year, squarely pointing the finger at redistricting for this sudden career move.
Carbide has charged sabotage, pointing the finger at times at unidentified "Sikh terrorists' or a disgruntled worker.