Market Rises Second Day in a Row

January 24, 2008


The NASDAQ led the advance, increasing 1.92 percent; the S&P500 came in second with a plus 1.00 percent, while the DJIA moved up by .88 percent.

Looking at how often these indices scored such gains since January 2000, rather than taking just today’s change, the comparison was made using a range of minus and plus .05 percentage points from today’s rise.

The DJIA has 49 such closes, the S&P500 has 48, and the NASDAQ comes in third with 29. Moreover, the historical median percentage change turns out to be exactly equal to today’s percentage change for each index.

DJIA .88 percent
NASDAQ 1.92 percent
S&P500 1.00 percent

This entry was posted on Thursday, January 24th, 2008 at 12 042008000000Thu, 24 Jan 2008 16:54:49 +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.

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