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New York Markets After Hours

Michael Ashbaugh

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Dec. 12, 2019, 11:58 a.m. EST

Charting a trade-fueled breakout, S&P 500 knifes to latest record high

Focus: Currency cross currents resurface, U.S dollar, Japanese yen, Euro, UUP, FXY, FXE, PII, WUBA, CDE

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Thursday, rising after President Trump signaled that “a big deal with China” is close.

Against this backdrop, each big three U.S. benchmark has extended its bullish December reversal, rising to tag intraday all-time highs. Each benchmark is vying to register a record close .

Link to MarketWatch's Slice.