April 21, 2008
Today was very much like last Thursdaywhen the NASDAQ declined and the other two indices went up. Except today it was the DJIA and the S&P500 that fell, while the increase went to the NASDAQ.
The changes were somewhat smaller today, though, as the S&P500 was off by -.16 percent, the DJIA lost -.19 percent, whereas the NASDAQ moved .21 percent higher.
Considering the trading results since January 2000, the DJIA and the S&P500 closed in the range of minus .25 percent and plus .25 percent on just about one out of every four trading days. The NASDAQ, on the other hand, experienced far fewer small changes, with only 16 percent in that minus .25 percent and plus .25 percent interval.
DJIA -.19 percent
NASDAQ .21 percent
S&P500 -.16 percent