November 8, 2007
The market closed lower for a second day, with the S&P500 losing just -.06 percent and the DJIA off by -.25 percent.
The NASDAQ index though fell some -1.92 percent. While this index has closed down on 936 trading days since January 2000, only 247 of these have been deeper than todays decline.
Considering tomorrow, in the past, a third negative day for the NASDAQ occurred 527 times, with a median loss of -.64 percent, while 488 positive closes followed two days of declines, posting a median gain of .52 percent.
This entry was posted on Friday, November 9th, 2007 at 12 032007000000Fri, 09 Nov 2007 03:44:06 +0000 and is filed under Market Report. You can follow any responses to this entry through the RSS 2.0 feed.
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