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New York Markets After Hours

Michael Ashbaugh

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March 3, 2020, 12:27 p.m. EST

Charting a fragile market recovery attempt, S&P 500 reclaims 200-day average

Focus: 10-year yield digests plunge to record lows amid Fed rate cut, Charting U.S. sector damage, TNX, XLF, KRE, IYT, QQQ, SMH

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks continue to whipsaw amid a prolonged market volatility spike.

Against this backdrop, the S&P 500 has reclaimed its marquee 200-day moving average, raising the flag to a fragile, but potentially viable, market recovery attempt.

Link to MarketWatch's Slice.