The DJIA moved up while the NASDAQ and the S&P500 declined. This is the 22nd repeat of this pattern over the last three complete up-and-down cycles. In one sense, this combination favors expansions since none happened during the 2007/2009 contraction. Yet they accounted for one percent of all closes in the earlier, 2000/2003 bear market.
On the following day, prices moved up as often as they declined.
DJIA .14 percent
NASDAQ -.59 percent
S&P500 -.19 percent
