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Day 1 2 3 4 Advances 870 760 960 840 Declines 880 990 790 910 Volume advancing(m) 580 620 480 510 Volume declining(m) 670 580

Day 1 2 3 4
Advances 870 760 960 840
Declines 880 990 790 910
Volume advancing(m) 580 620 480 510
Volume declining(m) 670 580 720 520
Yield on top-rated corporate bonds 6.8 % 6.7 % 6.7 % 6.6 %
Yield on intermediate-grade corporate bonds 7.4 % 7.4 % 7.5 % 7.6 %

From day 1 to day 4, the confidence index has _____. This is _____.

Multiple Choice

  • increased; bullish

  • increased; bearish

  • decreased; bullish

  • decreased; bearish

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