The major stock market indexes are down, but the market of stocks is actually rising, as the number of stocks that are rising is outnumbering decliners by a comfortable margin. Advancers are beating decliners by about 16 to 12 on the NYSE, and by about 14 to 9 on the Nasdaq exchange. Meanwhile, the Dow Jones Industrial Average , the S&P 500 Index and the Nasdaq Composite Index are all declining by about 0.3%. There was a similar situation on Wednesday, when the indexes were down but market breadth was positive in midday trade, and the indexes eventually reversed course to close higher.
Continue Reading Below
Copyright © 2016 MarketWatch, Inc.