Almost no Change at Close

April 17, 2008


After being in the red most of the day, the DJIA and the S&P500 nosed into positive territory, but not by much. However, the NASDAQ failed to move into the black, even though its recovery started around noon.

While not common, there are times when this disparity between the NASDAQ and the other two indices is seen. Actually, today marks its fourth appearance in 2008. There were 11 such closes last year, and as many as 132 between January 1, 2007 and today.

Finally, there were 105 occasions, on which both the DJIA and the S&P500, at the end of trading, closed with gains between .01 and .10 percent. That is 4.8 percent of the 2,183 trading days in this century.

Today’ Changes

DJIA .06 percent

NASDAQ -.35 percent

S&P500 .01 percent

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