Dow, S&P 500 and Nasdaq gains belie negative market breadth data

The Big 3 market indexes were all higher in morning trading Tuesday, but market breadth data were painting a more bearish outlook for the day. The number of declining stocks was outnumbering advancers 1,339 to 1,329 on the NYSE and 1,510 to 1,069 on the Nasdaq exchange.

Volume of declining stocks represented 64.8% of total volume on the Big Board and 62.2% of total volume on the Nasdaq. Meanwhile, the S&P 500 SPX, -0.22% gained 0.2%, the Dow Jones Industrial Average DJIA, -0.10% tacked on 41 points, or 0.2%, and the Nasdaq Composite COMP, -0.70% rose 0.1%.

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.

Stocks close mixed amid upbeat US manufacturing activityThe Dow Jones industrial average rose during US trading on Monday, while the S&P 500 index and Nasdaq composite fell.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Jim Cramer says Netflix 'has become an open sore to this market'The once-beloved Netflix is now negative for the year as investors start to question some of the high-flying leaders of this bull market. Ouch He would know. mute StopRecycling it’s a sham!!
Source: CNBC - 🏆 12. / 72 Read more »