On Thursday, negative news from Europe, mostly positive earnings news from the
United States, and finally the death of a despot, propelled stocks in a series
of dizzying swings. Up and down they went from down 39 points on the Dow on the
opening to up 75 points by 10 a.m., then down 175 points by noon, and up 190
points by 3 p.m. But when the final bell ended trading, the major indices were
mixed. On balance little had changed. Despite the wild trading, volume was light
with just 957 million shares trading on the NYSE and 539 million on the Nasdaq.
And breadth was break-even with a small number of advancers over decliners on
the Big Board and a few more decliners on the Nasdaq.
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