The S&P 500’s bad breadth streak may finally end, but the Federal Reserve decision looms large.
Roughly 262 S&P 500 stocks were on the rise with the index up 0.3%. A majority of the index’s stocks have closed lower in 12 straight sessions. Its longest streak of negative breadth was previously a 10-day stretch in 2000, according to Dow Jones Market Data numbers that go back to Dec. 31, 1999.
The Dow, which has fallen in nine consecutive sessions, was up nearly 200 points, or 0.5% in early afternoon trading. The Nasdaq Composite was up 0.2%.