Michael Ashbaugh

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Oct. 16, 2020, 11:16 a.m. EDT

Charting a bullish reversal, S&P 500 rallies from gap support

Focus: 10-year yield maintains the range, TNX, NTRS, ELAN, XPO, ON

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Friday, rising after a strong batch of economic data.

The early upturn punctuates a not-so-damaging mid-week pullback, preserving a bullish intermediate-term bias across the major U.S. benchmarks.

Link to MarketWatch's Slice.