"micky" wrote in message ...
OT, way OT

Why do they give the Dow Jones, the S&P, and sometimes the NASDAQ all
the time on the news? Who wants to hear it?.

ISTM if one is an investor, in the market for the long hall, keeping
your stocks long enough to make gains long term, it doesn't matter what
stocks do on one day. They could report it every week or month and
that would be plenty.

And if you're a speculator, what does it matter what an average of many
stocks has done? It's what the stock you might buy or sell does that
matters to you. So you still have to check on them.

And yet even mid-morning, -day, and -afternoon 6 minute newscasts at the
top of the hour give partial days' results and number of shares traded.
Why do people care?

My fambly has been in the radio bidness for 80 years and the story is that local news is pretty much "for profit" now, which means keep the costs low and maximize profit. Nothing wrong with that, but with the news, lowest cost is using the 'wire services' for all except local news. For local news, they have the routines sources - police, fire, schools, city hall, sports, etc. --- which all have public info offices. Listen to one newscast and record another station sometime. The stories will be in almost identical order and many times are word-for-word.

In alt.home.repair, on Thu, 27 Aug 2015 10:21:28 -0700, "Snuffy \"Hub
Cap\" McKinney" wrote:

"micky" wrote in message ...
OT, way OT

Why do they give the Dow Jones, the S&P, and sometimes the NASDAQ all
the time on the news? Who wants to hear it?.

ISTM if one is an investor, in the market for the long hall, keeping
your stocks long enough to make gains long term, it doesn't matter what
stocks do on one day. They could report it every week or month and
that would be plenty.

And if you're a speculator, what does it matter what an average of many
stocks has done? It's what the stock you might buy or sell does that
matters to you. So you still have to check on them.

And yet even mid-morning, -day, and -afternoon 6 minute newscasts at the
top of the hour give partial days' results and number of shares traded.
Why do people care?

My fambly has been in the radio bidness for 80 years and the story is that local news is pretty much "for profit" now, which means keep the costs low and maximize profit. Nothing wrong with that, but with the news, lowest cost is using the 'wire services' for all except local news. For local news, they have the routines sources - police, fire, schools, city hall, sports, etc. --- which all have public info offices. Listen to one newscast and record another station sometime. The stories will be in almost identical order and many times are word-for-word.

Maybe you could ask your fambly specifically about the stock index
reporting. Because they've been reporting that diligently all my life,
iirc, even before "for profit" was the big driving force. Would people
complain if they dropped it? Who would?

"micky" wrote in message ...
In alt.home.repair, on Thu, 27 Aug 2015 10:21:28 -0700, "Snuffy \"Hub
Cap\" McKinney" wrote:

"micky" wrote in message ...
OT, way OT

Why do they give the Dow Jones, the S&P, and sometimes the NASDAQ all
the time on the news? Who wants to hear it?.

ISTM if one is an investor, in the market for the long hall, keeping
your stocks long enough to make gains long term, it doesn't matter what
stocks do on one day. They could report it every week or month and
that would be plenty.

And if you're a speculator, what does it matter what an average of many
stocks has done? It's what the stock you might buy or sell does that
matters to you. So you still have to check on them.

And yet even mid-morning, -day, and -afternoon 6 minute newscasts at the
top of the hour give partial days' results and number of shares traded.
Why do people care?

My fambly has been in the radio bidness for 80 years and the story is that local news is pretty much "for profit" now, which means keep the costs low and maximize profit. Nothing wrong with that, but with the news, lowest cost is using the 'wire services' for all except local news. For local news, they have the routines sources - police, fire, schools, city hall, sports, etc. --- which all have public info offices. Listen to one newscast and record another station sometime. The stories will be in almost identical order and many times are word-for-word.

Maybe you could ask your fambly specifically about the stock index
reporting. Because they've been reporting that diligently all my life,
iirc, even before "for profit" was the big driving force. Would people
complain if they dropped it? Who would?

It's just one more automatic feed news. Station owners love news they only have to copy.

In alt.home.repair, on Fri, 28 Aug 2015 12:47:02 -0700, "Snuffy \"Hub
Cap\" McKinney" wrote:

"micky" wrote in message ...
In alt.home.repair, on Thu, 27 Aug 2015 10:21:28 -0700, "Snuffy \"Hub
Cap\" McKinney" wrote:

"micky" wrote in message ...
OT, way OT

Why do they give the Dow Jones, the S&P, and sometimes the NASDAQ all
the time on the news? Who wants to hear it?.

ISTM if one is an investor, in the market for the long hall, keeping
your stocks long enough to make gains long term, it doesn't matter what
stocks do on one day. They could report it every week or month and
that would be plenty.

And if you're a speculator, what does it matter what an average of many
stocks has done? It's what the stock you might buy or sell does that
matters to you. So you still have to check on them.

And yet even mid-morning, -day, and -afternoon 6 minute newscasts at the
top of the hour give partial days' results and number of shares traded.
Why do people care?

My fambly has been in the radio bidness for 80 years and the story is that local news is pretty much "for profit" now, which means keep the costs low and maximize profit. Nothing wrong with that, but with the news, lowest cost is using the 'wire services' for all except local news. For local news, they have the routines sources - police, fire, schools, city hall, sports, etc. --- which all have public info offices. Listen to one newscast and record another station sometime. The stories will be in almost identical order and many times are word-for-word.

Maybe you could ask your fambly specifically about the stock index
reporting. Because they've been reporting that diligently all my life,
iirc, even before "for profit" was the big driving force. Would people
complain if they dropped it? Who would?

It's just one more automatic feed news. Station owners love news they only have to copy.

You said that already. I was hoping for something more specific from
your family.