Market breadth looks bullish despite declines in the Dow, S&P 500 and Nasdaq


While the Big 3 stock market indexes are all losing ground, market internals are looking rather bullish. The number of stocks gaining ground is leading decliners 1,658 to 1,114 on the NYSE and 1,892 to 1,488 on the Nasdaq, while volume in advancing shares represents 53.7% of total volume on the Big Board and 56.3% of total volume on the Nasdaq. Meanwhile, the Dow Jones Industrial Average
is down 21 points, or 0.1%, with 17 of 30 components losing ground, the S&P 500
is slipping 0.2% and the Nasdaq Composite
is giving up 0.3%. The Russell 2000 index
of small-capitalization stocks is performing more in line with market breadth, as it is up 0.4%.


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