NYSE new highs top new lows for 2nd-straight day, while Nasdaq new lows still lead
The number of MYSE-listed stocks reaching new 52-week highs was at 62 in morning trading Thursday, exceeding the number of new lows of 38. That puts the exchange on track to see more new highs than new lows for a second-straight session, following a streak of 18 sessions that new lows topped new highs. The number of new lows would be the lowest total since there were 33 on Jan. 3, 2022. Meanwhile, new lows on the Nasdaq was at 70 early Thursday compared with 38 new highs, putting the exchange on track to see new lows top new highs for the 41st-straight session, and for 72 of the past 73 sessions. The Dow Jones Industrial Average rose 197 points, or 0.6%, and the S&P 500 gained 0.4%, with both headed to two-week highs, while the Nasdaq Composite was little changed.
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