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Michael Ashbaugh

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Sept. 16, 2020, 11:10 a.m. EDT

Charting a holding pattern, S&P 500 asserts the range ahead of the Fed

Focus: Big three U.S. benchmarks establish six-session range underpinned by major support

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Wednesday, largely treading water ahead of the Federal Reserve’s policy statement, due out this afternoon.

Against this backdrop, the major U.S. benchmarks have asserted a holding pattern, digesting a respectable September downturn.

Link to MarketWatch's Slice.