Indexes Decline, But Leaders Step Up
Posted on October 23, 2009 at 19:34 PM EDT
It was an odd session Friday. Stocks slid in mixed volume, adding a distribution day to the Nasdaq. The NYSE composite sliced off 1.6%, the S&P 500 1.2%, the Dow 1.1% and the Nasdaq 0.5%. Volume fell on the NYSE and rose on the Nasdaq. But trading in Amazon (AMZN) and Microsoft (MSFT) alone the two stocks soared on strong earnings topped 260 million shares. That more than accounted for the higher Nasdaq volume, softening the significance of