Even though three of the last five days were losers, this weeks closes were higher than last Friday. The DJIA and the S&P500 gained almost 1.5 percent, whereas the NASDAQ increased by .74 percent.
This is only the third positive week of the year for the DJIA and S&P500, with most of these percentage gains smaller than the losses in each of the four negative weeks. (See the diagram.) The NASDAQ, however, has only scored gains in two of the last seven weeks.
On Friday itself, the S&P500 index increased slightly, while the DJIA declined by -.23 percent and the NASDAQ fell -.46 percent. While daily changes in the individual indices are usually in the same direction, non-uniform patterns do occur. But since January 2000, there were only 16 days where the S&P500 increased when the other two declined.
DJIA -.23 percent
NASDAQ -.46 percent
S&P500 .08 percent