Dow, S&P 500 and Nasdaq near records but stock-market volumes are the lowest in months — Here’s why

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 55 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A recent resurgence for stocks after a more than six-month corrective hiatus has many market participants questioning its durability, with trading volumes...

Stocks are on the verge of record territory, potentially representing the end of a stretch of futility that saw a sharp retreat from the peaks hit in the late summer and fall of 2018.

Indeed, Monday’s action marked the lowest full-day, total composite trading volume —roughly 5.7 billion shares—since Sept. 10, according to Dow Jones Market Data. In fact, Monday’s session was even eclipsed by the holiday-shortened Christmas Eve session’s turnover of 5.79 billion shares. “For the New York Stock Exchange, there has been a bit of hesitation to have full participation in the rally…with a decent amount of people on the sidelines,” State Street’s Bartolini said. He said those people who “missed the bounce back [since the December low] are waiting to see what happens on earnings season.”

The Value Line is used by many technical analysts as a measure of broad-market participation in rallies or selloffs because indexes like the S&P 500 and Nasdaq, which are market capitalization- weighted, can be skewed by bigger constituents like Facebook Inc., Apple Inc. AAPL, +0.36% Amazon.com Inc. AMZN, -0.17% Netflix Inc. NFLX, +1.58% and Google parent Alphabet Inc. GOOGL, +0.11% GOOG, +0.00% by virtue of their mega market values.“There is this debate on volumes.

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 NG
 

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

Stock market VOLUMES lowest in months. Hmmmm. 🙄only 1%ers have money to blow, to gamble on this sham economy in favor of the wealthy designed by Republicans and libertarian fools.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

S&P 500 slips as health-care losses overshadow strong earnings and China growthPositive momentum early Wednesday faded throughout the day, with the Dow closing flat and the S&P 500 closing down 0.23%. Health care was the worst-performing sector.
Source: CNBC - 🏆 12. / 72 Read more »

Health Care, Once a Market Leader, Stumbles in 2019Health care is the worst-performing sector in the S&P 500 so far this year Being murdered by the Democrats. Patient profitability down? Total bummer CVS is not a healthcare stock.
Source: WSJ - 🏆 98. / 63 Read more »

Wall Street edges higher on generally positive earningsU.S. stocks ended slightly higher on Tuesday, with the S&P 500 inching closer to...
Source: Reuters - 🏆 2. / 97 Read more »

Stocks slip after lackluster earnings from Goldman Sachs and CitigroupStocks slipped slightly today following mixed quarterly numbers from Goldman Sachs and Citigroup. The Dow fell 0.11% and the S&P 500 fell 0.06%.
Source: CNBC - 🏆 12. / 72 Read more »

Dow transports soar to buck broader stock market slump, led by CSX and United ContinentalThe Dow Jones Transportation Average soared 120 points, or 1.1%, in midday trade, as better-than-expected earnings reports helped the transportation sector...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stock market ends holiday-shortened week higher, with Dow within shouting distance of a recordU.S. stocks ended higher Thursday as investors appeared to find optimism in a round of corporate earnings and economic reports, and as a highly anticipated... Getting richer! Capitalism rules! Thank you Donald Trump! HAPPY NO COLLUSION DAY AMERICA! CollusionDelusion
Source: MarketWatch - 🏆 3. / 97 Read more »