If there’s a bright spot to the stock market carnage following the U.K.’s vote to leave the European Union, it’s that despite the overwhelmingly negative breadth, the number of stocks on the NYSE hitting new 52-week highs is outnumbering those hitting new lows by a 124-to-49 score, according to FactSet. On the Nasdaq exchange, however, new lows are outnumbering new highs by 101 to 29. Elsewhere, the number of declining stocks are beating up advancers by a score of 2,643 to 426 on the NYSE, and of 2,430 to 320 on the Nasdaq. The Dow Jones Industrial Average is down 573 points, or 3.2%, while the S&P 500 is shedding 3.4% and the Nasdaq Composite is tumbling 4%.
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From:: Stock Market News