USMarketView

All three indices declined for a second straight day on Thursday. With the NASDA the biggest loser at -.74 percent. The DJIA was off again by only a tiny fraction: -.02 percent today and -.01 percent on Wednesday, while the S&P500 dropped -.10 percent.

Considering the next day patterns, since January 2000, there have been an almost equal number of advances and declines –some 35 trading days out of more than 1900 — with the median gain and losses also about the same for the S&P500, the losses steeper than NASDAQ’s gains, and the DJIA declines smaller than the increases.

DJIA Median -.64 percent and +.82 percent,

NASDAQ Median -1.16 percent and +.62 percent,

S&P 500 -1.00 percent and +.94 percent.

This entry was posted on Friday, October 26th, 2007 at 12 032007000000Fri, 26 Oct 2007 03:32:35 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.