Michael Ashbaugh

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Jan. 14, 2021, 11:49 a.m. EST

Charting a slow-motion breakout attempt: Nasdaq, Dow industrials press record highs

Focus: Homebuilders break out even amid rising interest rates, XHB, ZBRA, KSS, WSM, JNPR, FATE

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Thursday, rising amid renewed optimism over fiscal-stimulus prospects.

Against this backdrop, each big three U.S. benchmark has challenged its prevailing range top — levels defining record highs — amid a slow-motion breakout attempt.

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