Bulletin
Investor Alert

Market Pulse Archives

Jan. 27, 2022, 10:52 a.m. EST

Nasdaq's rally belies negative breadth

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NASDAQ Composite Index (COMP)
  • X
    Russell 2000 Index (RUT)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +3.33% rallied 0.4% in morning trading, but market internals are telling a very different story. The number of stocks declining on the Nasdaq was outnumbering advancers 2,110 to 1,743, while the volume in declining stocks was more than half (51.4%) of total volume. The weakness appeared to be more prevalent in the smaller-capitalization companies, as the Russell 2000 /zigman2/quotes/210598147/delayed RUT +2.70% was down 0.2%. On the NYSE, however, advancers outnumbered decliners by a healthy 1,900-to-1,082 score and volume in advancing stocks represented 63.0% of total volume. The S&P 500 /zigman2/quotes/210599714/realtime SPX +2.47% is up 0.9%.

/zigman2/quotes/210598365/realtime
US : Nasdaq
12,131.13
+390.48 +3.33%
Volume: 4.20M
May 27, 2022 5:16p
loading...
/zigman2/quotes/210598147/delayed
US : US Composite
1,887.90
+49.66 +2.70%
Volume: 1.74M
May 27, 2022 7:02p
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,158.24
+100.40 +2.47%
Volume: 2.17B
May 27, 2022 5:49p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.