'Do nothing Dow' moves 0 points | Forex Factory

  • 'Do nothing Dow' moves 0 points

    From usatoday.com

    Here’s something that doesn’t happen often on Wall Street. Actually it’s nothing. 0. Zip. The Dow Jones industrial average closed completely unchanged Thursday, ending the day exactly the same place as Wednesday: 16,501.65. The much-watched market measure hasn’t had a 0-point day for more than a decade, going back to Christmas Eve of 2011 to be exact, says Fane Lozman, chairman of market research firm ScanShift.com. The do-nothing is even more surprising given that there was plenty of market-moving news in the land of the Nasdaq. The Nasdaq composite index gained 21.37 points, or 0.5%, to 4148.34 and the ... (full story)

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Pip Anon
Apr 24, 2014 5:51pm
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Quoting saneblane
There is a big difference between doing nothing and going up and coming back down to close at open price, or going down and coming back up to close at the open price a big difference.
Mainstream media only pretends it knows what it is talking about.
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saneblane
Apr 24, 2014 5:21pm
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There is a big difference between doing nothing and going up and coming back down to close at open price, or going down and coming back up to close at the open price a big difference.
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Taffy
Apr 25, 2014 3:10am
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Nice comment, saneblane !!
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