The Traderszone Network

Published in TZ Latest News 4 November, 2014 by The TZ Newswire Staff

Quiet Session Sees Mild Distribution Day For S&P 500

Major averages ended near session highs Tuesday in an otherwise lackluster session. Volume fell on the Nasdaq and rose on the NYSE. The S&P 500 notched its first distribution day since a follow-through confirmed a new uptrend Oct. 21. But similar to the Nasdaq’s Oct. 29 higher-volume decline, distribution was mild. The Nasdaq lost 0.3% but finished near the top of its intraday range. The S&P 500 also fell 0.3% but ended near its high.

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