Michael Ashbaugh

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Oct. 23, 2019, 11:41 a.m. EDT

Charting a grinding-higher uptrend, S&P 500 sustains October gains

Focus: Regional banks challenge key trendline, Biotech sector comes to life, KRE, XBI, UTX, URBN, BBY, UNP

By Michael Ashbaugh, MarketWatch

U.S. stocks are slightly higher early Wednesday, rising after a mixed batch of quarterly earnings reports, and amid ongoing Brexit uncertainty.

Against this backdrop, the S&P 500 continues to act well technically, digesting the mid-October breakout in grinding-higher form.

Link to MarketWatch's Slice.