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- Basis Point One basis point is equal to 1/100th of 1%, or 0.01% (0.0001), and is used to denote the percentage change percentage changes and basis points can be summarized as follows: 1% change = 100 basis points, and 0.01%
- Current Market Snapshot Current Market Snapshot August 16, 2010 The S&P 500 closed the day up 0.01%. The year-to-date performance is -3.20%.