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Michael Ashbaugh

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June 9, 2020, 12:11 p.m. EDT

Charting a break to ‘clear skies’ territory, Nasdaq approaches 10,000 mark

Focus: Small- and mid-caps stage statistically unusual breakout, Semiconductor sector challenges record highs, SMH, MDC, ZS, WSM, BYND

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks have taken flight to start June, rising amid distinctly bullish bigger-picture price action.

In the process, the Nasdaq Composite has reached all-time highs — previously uncharted territory — as it approaches the marquee 10,000 mark.

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