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Michael Ashbaugh

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Nov. 9, 2020, 11:58 a.m. EST

Bullish momentum accelerates, S&P 500 extends to uncharted territory

Focus: 10-year yield takes flight amid risk-on trade, TNX, NSC, TXN, SNAP, FLEX, FIVN

By Michael Ashbaugh, MarketWatch

U.S. stocks have taken flight early Monday, rising amid optimism over a successful final-phase coronavirus vaccine trial.

Against this backdrop, the major U.S. benchmarks have extended an already-aggressive November rally, rising early Monday to tag record highs.

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