The major market indexes may be declining in morning trade Friday, but most stocks are trading higher, reversing the divergence witnessed in the previous session. The number of advancing stocks exceeded the number of decliners by an 1,817-to-942 score on the NYSE, and by a 1,225-to-1,036 margin on the Nasdaq. Advancing volume on the NYSE was about 66% of the total, while Nasdaq advancing volume was 49%. Meanwhile, the Dow Jones Industrial Average fell 17 points, with 16 of 30 components losing ground. The S&P 500 Index eased 0.2% and the Nasdaq Composite Index shed 0.5%. On Thursday, the indexes bounced sharply off early lows to close higher, but market breadth was negative.
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From:: Stock Market News