Markets Stock prices moved in a narrow range on light volume.
Until the central bank made its announcement, the market had been little changed on light volume.
The decline may have been exaggerated by the light volume.
In 2006 terms, this would be considered extremely light volume.
All three major market averages rose by more than 3 percent on a relatively light volume of 1.23 billion shares.
After four days of moving sharply higher in heavy trading, the drop came on light volume.
The light volume made the market vulnerable to program trading.
By the end of Monday's session, stocks had dropped 4 percent on extremely light volume.
Some traders said the light volume exaggerated the size of the decline.
You want fair type, clear paper, and a light volume.