The Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite have all erased earlier losses to post solid gains in morning trade Monday, but market internals show that most stocks are still trading lower. The number of declining stocks outnumbered advancers by a 1,481 to 1,343 margin on the NYSE, and by a 1,292 to 1,175 score on the Nasdaq exchange. Volume data was more positive, however, as volume in advancing stocks was 62% of total volume on the NYSE and 63% of the total on the Nasdaq. The Dow climbed 37 points in morning trade, after being down as much as 91 points just after the open. The S&P 500 was up 0.3%, erasing an earlier loss of 0.5%, while the Nasdaq Composite has swung from a 0.5% loss to a 0.5% gain.
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.
From:: Stock Market News