Prices Fall Again


December 23, 2008

 

 

 

 

 

With just two days to go until Christmas Day, the market retreated; it was the second decline in as many days.  Since 1950, there have been as many up days as down days on the 23rd of December for the DJIA and for the S&P500.  The NASDAQ, on the other hand, was off 1.5 times as it rose.

 

As for December 24, the record is quite different: the DJIA and the S&P500 had twice as many gains as losses, while the NASDAQ had almost an even score.

 

DJIA                 -1.18  percent

NASDAQ          -.71 percent

S&P500             -.97  percent

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