Wall Street's Dow Jones Rebounds, Rises Over 600 Points
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The Dow Jones went up today. This is a big stock market number in America. At one point, it rose by 600 points.
Many healthcare company stocks went up a lot. These are companies that make medicine and help sick people.
Later, the Dow was up by 492 points. This happened around 4pm.
In Chicago, there was news about Japan too. The Nikkei futures showed 65,000 yen.
Earlier in the morning, the American market was mixed. Some stocks went up. Some stocks went down.
This happened because of two things. First, high interest rates made some stocks look too expensive. Second, tech stocks looked cheap to some buyers.
So people were buying and selling at the same time. This made the market move in different ways.
Vocabulary15 words
- Dow Jones
- a number that shows how big American companies are doing
- points
- small units used to measure stock market changes
- healthcare
- medicine and help for sick people
- Nikkei futures
- a number that guesses Japan's stock market price later
- interest rates
- the cost of borrowing money
- tech stocks
- shares of technology companies
- stock market
- a place where people buy and sell parts of companies
- rebound
- to go up again after going down
- mixed
- some good, some bad, at the same time
- futures
- a guess about a future price
- shares
- small parts of a company that people can buy
- cheap
- low price, good for buying
- expensive
- high price
- buyers
- people who buy things
- sellers
- people who sell things
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Quiz
Answer key
1. 600 points 2. Healthcare stocks 3. True
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Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
The Dow Jones went up today. This is a big stock market number in America. At one point, it rose by _____ points.
Many _____ company stocks went up a lot. These are companies that make medicine and help sick people.
Later, the Dow was up by _____ points. This happened around 4pm.
In Chicago, there was news about Japan too. The Nikkei futures showed _____ yen.
Earlier in the morning, the American market was _____. Some stocks went up. Some stocks went down.
This happened because of two things. First, high _____ made some stocks look too expensive.
Second, tech stocks looked _____ to some buyers.
So people were _____ and selling at the same time.
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