The S&P500 returned to positive territory, gaining .23 percent, while the DJIA, plus .08 percent, closed higher for the fourth successive session. Thus, with the NASDAQ also rising by .58 percent, the market extended yesterdays unusual configuration. Whereas on Wednesday three other closes shared this mold, there is merely one identical to today.That date is July 12, 1993, and on the 13th, the next day, the S&P500 turned down again, and so did the DJIA, whereas the NASDAQ continued on to higher ground.Unfortunately, attempts to fit these recent repetitions into the mold of the 1993 failed. Accordingly, for the second or third consecutive blog, MarketWatch cannot provide a projection of Fridays market.
DJIA .08 percentNASDAQ .58 percent S&P500 .23 percent