Worst single day drop for the NASDAQ in more than four months.
Worst single day drop for the NASDAQ in more than four months.
A busy week of big bank earnings and inflation reports left the major averages mostly lower, but the Dow Jones was able to post a small gain.
The technical condition of the market remains mixed as the period came to a close. Despite record highs from the NASDAQ and NDX 100, underlying breadth remains extremely weak. Fresh record highs in the tech heavy indexes were accompanied by more new 52-lows than new highs, a divergence that has occurred only twice before in market history...
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| Index | Close | Day Change | Day % Change | YTD % Change |
|---|---|---|---|---|
| NASDAQ COMPOSITE | 26008.86 | -694 | -2.6% | 11.9% |
| DJ UTILITIES | 1105.1 | 23.71 | 2.19% | 3.47% |
| DJ TRANSPORT | 20294.43 | 371.87 | 1.87% | 16.92% |
| DJ INDUSTRIALS | 52867.98 | 11.89 | 0.02% | 10% |
| NYSE COMPOSITE | 24275.53 | 22.41 | 0.09% | 10.32% |
| S & P 100 INDEX | 3796.17 | -58.13 | -1.51% | 10.6% |
| RUSSELL 2000 | 2784.03 | 3.01 | 0.11% | 12.17% |
| S&P 500 | 7663.43 | -93.74 | -1.21% | 11.95% |
| CBOE MKT VOLATILITY | 19.03 | 2.35 | 14.09% | 27.29% |
| AMEX COMPOSITE | 8361.01 | -229.33 | -2.67% | 21.76% |
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