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The Dow Finished the Day Higher. Individual Stocks Got Hammered. What That Might Mean.

The Dow Jones Industrial Average advanced 46.85 points, or 0.2% on Thursday, while the S&P 500 rose 0.3%, and the Nasdaq Composite gained 1.1%. Together, those stocks make up more than 20% of the S&P 500, so you don’t need many more positive stocks to lift the index higher. When the S&P 500 hit a new high on Tuesday, Bespoke Investment Group noted that breadth was weak. Read More...

The Dow Jones Industrial Average advanced 46.85 points, or 0.2% on Thursday, while the S&P 500 rose 0.3%, and the Nasdaq Composite gained 1.1%. Together, those stocks make up more than 20% of the S&P 500, so you don’t need many more positive stocks to lift the index higher. When the S&P 500 hit a new high on Tuesday, Bespoke Investment Group noted that breadth was weak.

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