The average advance-to-decline (A/D) ratio has narrowed to 0.871 so far this month. The November’s ratio has declined from an average of 1.27 in the previous month, and it is the lowest reading since 0.821 seen in March 2020 when the Coronavirus pandemic induces a selloff in the world equities market, data showed. A falling ratio shows more stocks – mainly small-caps and mid-caps – are dropping than gaining.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created