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<<What are points in reference to the stock market? >>

Well, if you hear that Sears stock was up two points, it probably means that the stock price rose by two dollars.

If you hear about an index moving a certain number of points, then the points refer to the index's number, which is calculated in one of a number of ways, such as by averaging the prices of the companies in the index.

<<What exactly does it mean when they say the Dow is over 10,000 - 10,000 what? And what is the significance of 10,000? >>

I wrote about that just the other day:
http://www.fool.com/News/mft/2003/mft03121201.htm

Cheers!

Selena
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