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Michael Ashbaugh

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June 20, 2019, 11:36 a.m. EDT

Charting a Fed-fueled breakout, S&P 500 ventures to uncharted territory

Focus: China spikes atop 200-day average, Silver signals bullish trend shift, FXI, SLV, AMD, X, ACM, VRSN

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Thursday, responding well to the Federal Reserve’s latest policy statement and its increasingly dovish policy language.

In the process, the S&P 500 has tagged a nominal all-time high early Thursday, and is vying to surpass its record close (2,945.83).

Link to MarketWatch's Slice.