The broad index of the American market is up 12.05 percent.

A broad index of financial stocks fell almost 4 percent.

But other, equally broad indexes are more than 30 percent below that level.

However, the broad index had come down only 20 percent and was still 15 percent above its 1980 average.

For particularly broad indices, the index can be said to measure the economy's price level or a cost of living.

The broad indexes, however, have not budged nearly as much.

The broad index should now become the preferred one.

The Dow rose 57.10 points, and broader indexes also showed strong gains.

But the Nasdaq's broader composite index managed to rise by 1.9 percent.

Broader indexes also slipped, but over all, more stocks rose than fell.