Although the Big 3 stock market indexes have swung higher, in the aftermath of the Federal Reserve's interest rate cut, broader market breadth remains negative. The number of declining stock outnumbered advancers 1,512 to 1,341 on the NYSE and 1,611 to 1,262 on the Nasdaq exchange.
And volume in declining stocks represents 57.8% of the total volume on the Big Board and 60.1% on the Nasdaq. Meanwhile, the Dow Jones Industrial Average DJIA, +0.34% rose 80 points, or 0.3%, with 20 of 30 components gaining ground. The S&P 500 SPX, +0.25% was up 0.2% and the Nasdaq Composite COMP, +0.31% tacked on 0.2%.
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