THE CLOSE

There you have it, DJIA +57, SPX+4, NDX+7.5, the average stock- lower as 140 more issues closed in the red than in the green. More down volume than up volume on the NYSE. TRIN closed at 1.15, a pretty high reading on a day when the major market indexes are all higher. Why? Yes, that is what I want to know-

Sector leaders were airlines, retailers, internets, brokers and banks. To the downside and crushed were metals, oils and semis.

Volatility indexes closed lower although far from any buy or sell signals.