NASDAQ and NASDAQ 100 (NDX)Fall Lower Off Recent Highs.
NASDAQ and NASDAQ 100 (NDX)Fall Lower Off Recent Highs.
A late-week rally was not enough to pull the DJIA and S&P 500 from the negative column as crude oil and Treasury yields remain at elevated levels. Instead, investors bid up mega-cap technology stocks, pushing the NASDAQ 100 (NDX) to fresh highs to end the week.
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 | 27193.34 | -345.35 | -1.25% | 17% |
| DJ UTILITIES | 1047.87 | -1.77 | -0.17% | -1.89% |
| DJ TRANSPORT | 19809.07 | 279.77 | 1.43% | 14.13% |
| DJ INDUSTRIALS | 51231.64 | 51.77 | 0.1% | 6.59% |
| NYSE COMPOSITE | 23797.6 | 95.68 | 0.4% | 8.15% |
| S & P 100 INDEX | 3873.99 | -28.07 | -0.72% | 12.87% |
| RUSSELL 2000 | 2794.13 | 0.93 | 0.03% | 12.58% |
| S&P 500 | 7765.36 | -36.41 | -0.47% | 13.44% |
| CBOE MKT VOLATILITY | 15.41 | 0.33 | 2.19% | 3.08% |
| AMEX COMPOSITE | 8128.24 | 166.78 | 2.09% | 18.37% |
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