6.69 slide ends day for index at 836.46
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed Thursday at 836.46, down 6.69.
“Equities closed relatively unchanged as the S&P 500 Index hovered around resistance at the 200-day moving average for a second consecutive day ahead of monthly payroll data due [this] morning for November,” said Leon Lants, managing director at Stephens Inc.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.