Stock Market Indexes Are Down But The Market Of Stocks Are Rising, Again

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.