Market breadth looks bullish despite declines in the Dow, S&P 500 and Nasdaq

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While the Big 3 stock market indexes are all losing ground, market internals are looking rather bullish. The number of stocks gaining ground is leading decliners 1,658 to 1,114 on the NYSE and 1,892 to 1,488 on the Nasdaq, while volume in advancing shares represents 53.7% of total volume on the Big Board and 56.3% of total volume on the Nasdaq. Meanwhile, the Dow Jones Industrial Average
DJIA,
-0.42%
is down 21 points, or 0.1%, with 17 of 30 components losing ground, the S&P 500
SPX,
-0.54%
is slipping 0.2% and the Nasdaq Composite
COMP,
-0.71%
is giving up 0.3%. The Russell 2000 index
RUT,
-0.62%
of small-capitalization stocks is performing more in line with market breadth, as it is up 0.4%.

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