Nov
15

Uniquely Unchanged

The Friday File: Some days bulls are happy, some days bears are, last Tuesday the Dow disappointed both, it went nowhere. Monday it closed at 27691.4854488934 and Tuesday, it closed at 27691.4854488934; 0.000000000% change! Over the past 123 years, this has happened 167 times; just three time since 2000. It’s becoming increasingly rare as trades are in decimals and not eights or sixteenths, and because the Dow’s value keeps rising.

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