Near panic-like selling on NYSE, but some dip-buying behavior on Nasdaq

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Near panic-like selling on NYSE, but some dip-buying behavior on Nasdaq
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Some dip-buying behavior emerging among Nasdaq stocks

The two major stock market exchanges are exhibiting very differing types of trading activity as the major indexes tumble, as the Arms Index of the NYSE suggests near panic-like selling but a little more dip-buying behavior on the Nasdaq. The Arms is a volume-weighted breadth measure that tends to rise above 1.

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