Stock market internals increased selling intensity, but still far from panic

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

The Dow is now down 500 points, but stock selling is far from a panic level

The Arms Index, a volume-weighted breadth measure, for the NYSE and Nasdaq are showing increased selling pressure in the broader stock market, but it's still nowhere near panic-like activity. The Arms tends to rise above 1.000 as stocks fall, as the ratio of advancing/declining volume tends to fall more than the ratio of advancing/declining stocks. In afternoon trade Tuesday, the NYSE Arms rose to 1.532 from 1.34 on Monday and the Nasdaq Arms increased to 1.201 from 1.19.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No panic ! The stock market will be back up in the next couple of days! Change it to the scam market !

Well thats not good...so panic selling hasn't started Yet...sheesh

Yet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Qualcomm stock slides after earnings, Apple settlement to add nearly $5 billionQualcomm Inc. shares fell Tuesday after the chip maker topped estimates for the quarter and included the settlement with Apple Inc. in its guidance.
Source: MarketWatch - 🏆 3. / 97 Read more »