More NYSE stocks rose than fell on Tuesday and more NYSE volume went into the ones that fell. Monday did exactly the opposite. One of those two days is lying.

Monday’s index print said nothing happened. Underneath it 1,207 more stocks fell than rose, the Dow and the Nasdaq-100 finished 1.086014 percentage points apart, and the money that was moving went into the biggest names only.

Friday was the broadest tape since 2 October. It was also the session three phone companies each lost over 10% of themselves, and T-Mobile did 69.5% of its damage in the opening gap, before a single share changed hands.

The minutes recorded a majority leaning to one more hike by year end. The front end fell to 4.77%, the 20-year rose to 5.71%, and 2,155 NYSE stocks went down whilst the index lost a fifth of a percent.

Three US indices closed at records on Tuesday. Underneath them 2,436 Nasdaq stocks fell, 56 hit one-year lows against 53 new highs, and the whole gain arrived before the opening bell.

The S&P 500 gained 0.6634% and 1,403 NYSE issues fell. Breadth read 0.914, new lows beat new highs on both exchanges, and the 20-year closed at 5.70% into three auctions.