Rally Fails to Stir Investors as U.S. Volume Hits ’12 Low

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A bad year for American equity trading is getting worse.

Shares changing hands on all U.S. exchanges fell 16 percent to 5.23 billion yesterday from March 9, while Standard & Poor’s 500 Index composite volume slipped 17 percent to 2.17 billion shares, data compiled by Bloomberg show. Those are the lowest daily levels of 2012 and the smallest totals excluding holiday weeks since Bloomberg began tracking the data in 2008.