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Michael Ashbaugh

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June 13, 2019, 11:29 a.m. EDT

Charting a bull-trend pullback, S&P 500 nails first support (2,873)

Focus: Alphabet nails the breakdown point, Financials sustain jagged rally attempt, GOOGL, XLF, JBLU, LK, CDNA, JKS

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Thursday, treading water in the wake of sharp month-to-date gains.

Against this backdrop, the S&P 500 and Dow industrials have maintained first support, areas closely matching the 50-day moving average. The specific levels are currently S&P 2,873 and Dow 26,000.

Link to MarketWatch's Slice.