Too Quiet. $Nasdaq100 Bull 3X ETF(TQQQ)$
The Nasdaq Composite marked another record close today, leaving behind the other two major indexes on the lowest volume day since November.
The Nasdaq rose just 0.16% to build on Thursday's milestone, but a record high is a record high. The Dow Jones Industrial Average slid 0.8% and the S&P 500 fell 0.1%.
With no major economic data and few earnings reports on the docket, trading was muted. Just 9.22 billion shares traded hands across the NYSE, Nasdaq, NYSE American and NYSE Arca exchanges, which is the lowest total composite volume since Nov. 27, according to Dow Jones Market Data.
Just 120 S&P 500 components rose on the day, though gains for megacaps like Nvidia and Alphabet helped limit the damage for the market benchmark.
The CBOE Volatility Index, or VIX, was recently hovering around 13.06. The market's fear gauge has been muted this year, which signals traders aren't so worried about the economic outlook
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