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New York Markets After Hours

Michael Ashbaugh

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Feb. 12, 2020, 12:17 p.m. EST

Charting the approach of Dow 30,000

Focus: Semiconductor sector tags record close amid breakout attempt, SMH, ETN, LOW, ZBH, ESTC

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, rising amid easing virus-related concerns and generally market-friendly (uneventful) congressional testimony from the Federal Reserve Chairman.

Against this backdrop, the S&P 500 has sustained its latest break to record territory, while the Dow industrials have ventured atop 29,500 for the first time on record. Dow 30,000 is increasingly within striking distance.

Link to MarketWatch's Slice.