Friday, March 18, 2016

Turn Down the Volume

This week, the Dow Jones Industrial Average and the S&P 500 index both rose to close positive territory for the first time this year. But it doesn't look as if a lot of people are celebrating.

Trading volumes on Monday were the lightest of the year, and Tuesday was a close second. For the week, trading on the major U.S. stock exchanges fell to about 6.9 billion shares a day, below average for the month and the year.

By contrast, in January, when the market was tumbling, daily trading volumes reached their highest monthly average since 2011, with an average of 9.1 billion shares changing hands. On January 20, when the Dow Jones average fell nearly 250 points, trading on major U.S. exchanges topped 12.4 billion shares.

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