Market Advances Past Last Week’s Close

The DJIIA and the NASDAQ both posted gains for the second day in a row, while the S&P500 also turned up after yesterday’s drop.

The NASDAQ gained 1.04% since last Friday, more than twice the DJIA’s .42% increase, whereas the S&P500 just missed -by .33 points- equaling last week’s close.

The market does not score two up days in a row often. NASDAQ has posted 263 of these days since 2000, or 13.6%. The record is not much different for the DJIA, with 258 successive plus closes, or 13.3% of the time.

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