Stocks started the week on an upbeat, with each of the indices advancing at least one percent.
The S&P500 increased by 1.76 percent, which one whole percentage point better than the median gain scored when this index increases after a down day, which follows two successive gains.
While the DJIA also bettered its median advance by almost ¾ of one percent, the NASDAQ just about equaled the median gain for this closing pattern.
On the following day, since January 2000, both the DJIA and the NASDAQ scored more up closes than declines. The DJIAs ratio is 42 up days to 38 down days, and the NASDAQ ratio is 38 up to 30 down. The S&P500, however, has more frequent declines -47- than its 32 increases.
DJIA 1.45 percent
NASDAQ 1.02 percent
S&P500 1.76 percent