Nasdaq decline defies bullish stock-market breadth data

The Nasdaq Composite fell 0.2% in midday trade, as weakness in the index‘s biggest components offset bullish breadth data. The number of advancing stocks outnumbered declines 1,449 to 1,167, and volume in advancing stock accounted for 53.8% of total volume. The market-capitalization weighted index was lower, however, as shares of the four largest companies by market cap were all fell. Apple Inc.‘s stock fell 0.3%, Amazon Inc. shares shed 1.2%, . slid 1.2% and Alphabet Inc.‘s stock gave up 0.3%. Meanwhile, the Dow Jones Industrial Average and the S&P 500 advanced 0.2%.

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