NASDAQ Falls Third Day in a Row – But Turns in Positive Quarter

June 30, 2008

Prices fell as the hour grew later, and the NASDAQ went into negative territory, closing the day down by -.98 percent. The DJIA and the S&P500, however managed to edge up a bit, gaining .03 percent, and .13 percent, respectively.


Yet the NASDAQ’s performance for the second quarter, which ended today, was positive, increasing .61 percent over its March 31 close. If this is not a strong showing, it nevertheless is far superior to the DJIA which ended the quarter some -7.44 percent below 2008’s first quarter. The S&P500 fared somewhat better, losing -3.22 percent for the quarter.


Both the DJIA and the S&P500 have scored five advances to four losses, between March 31 and June 30 in the 21st century. The NASDAQ, basically because of its second quarter gain, has six advances to three declines.

DJIA .03 percent

NASDAQ -.98 percent

S&P500 .13 percent

This entry was posted on Monday, June 30th, 2008 at 12 042008000000Mon, 30 Jun 2008 16:39:15 +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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