It’s been a whole week since the DJIA, the NASDAQ and the S&P500, together, posted a gain. Yet the recovery was modest: the DJIA managed only a .20 percent uptick, the S&P moved up by .33 percent, and the NASDAQ added .84 percent.
Putting these results in perspective, note that the DJIA posted only 262 DJIA gains smaller than today’s since January 2000; that more than 1,100 other DJIA advances in the last nine years, outrank this latest change.
Nevertheless, we welcome the upturn.
The record shows just ten other sessions with today’s profile. Whereas 451 days ended with these three indices advancing for the first time after falling, only ten occurred having today’s profile. In the past, the following day showed six advances and four declines.
DJIA .20 percent
NASDAQ .84 percent
S&P500 .33 percent