April 25, 2008
While relatively small, the DJIA posted a third gain in as many days. This is also the third time since January that this index managed such a stream.
The S&P500, on the other hand, achieved this level of successive closes for the fifth time this year. The chance of a fourth positive advance, for this index is substantially smaller, having occurred only one before this year a week ago, on April 18- and just 62 times since the beginning of 2000
While the DJIA scored two such four day streaks in 2008, both of, however, were negative.
As for the weekly results, all three indices advanced; with the NASDAQ up .83 percent from last Friday, the S&P500 gaining .54 percent, and the DJIA adding .33 percent. The weekly record for 2008 now stands at nine advances and eight declines for the DJIA; eight up and nine down weeks for the S&P500; while the NASDAQ has seven pluses and ten minuses this year.
DJIA .32 percent
NASDAQ -25 percent
S&P500 .65 percent
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