All of the Big 3 stock market indexes are rising, but market internals suggest the stock market is actually falling. Stocks losing ground is outnumbering advancers 1,730 to 1,380 on the NYSE and 2,780 to 1,563 on the Nasdaq exchange. And volume of declining stocks represents 52.2% of total volume on the Big Board and 61.3% of total volume on the Nasdaq. Meanwhile, the Dow Jones Industrial Average is up 70 points, or 0.2%, even though 17 of 30 components are trading lower; the S&P 500 is gaining 0.2%, while while 255 of its components are declining; and the Nasdaq Composite is tacking on 0.1%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
0
0
