Market breadth data indicates that the stock market is acting a lot more bullish than the major market indexes might suggest. The Dow Jones Industrial Average inched up 0.1% and the S&P 500 ticked up 0.2%, while the Nasdaq Composite slipped 0.1%. But the number of advancing stocks on the NYSE was more than triple the number of decliners–2,234 to 668–while volume of advancing stocks was about 77% of total volume. And despite the Nasdaq Composite’s decline, there are more Nasdaq advancers than decliners, 1,595 to 930.
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From:: Stock Market News