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S&P 500, Nasdaq fall but stock market internals stay firmly bullish

45378 sp 500 nasdaq fall but stock market internals stay firmly bullish

The S&P 500 SPX, -0.12% and the Nasdaq Composite COMP, -0.10% are moving lower in afternoon trading Monday, but market internals are firmly bullish. The number of advancing stocks are outnumbering decliners by 1,998 to 1,032 on the New York Stock Exchange (NYSE) and by 2,508 to 1,672 on the Nasdaq, and volume in advancing stocks represents 68.9% of total Big Board volume and 61.1% of total Nasdaq volume. The S&P 500 is down 0.2% and the Nasdaq Composite is losing 0.3%. Meanwhile, the Dow Jones Industrial Average DJIA, +0.09% is rising 9 points, or less than 0.1%, with 16 of 30 components trading higher, while the Russell 2000 index of small-capitalization stocks RUT, +1.01% rallied 0.8%.

Source: Marketwatch

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