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Michael Ashbaugh

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June 4, 2020, 11:45 a.m. EDT

Dow industrials challenge 200-day average as market rotation persists

Focus: Nasdaq 100 challenges record territory, Semiconductor sector clears major resistance, Boeing lifts to less-charted territory, QQQ, SMH, KLAC, XLNX, BA

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Thursday, vacillating as the markets assess more aggressive-than-expected ECB stimulus measures and generally well received weekly jobs data.

Against this backdrop, the Dow Jones Industrial Average has challenged its 200-day moving average, across consecutive sessions, while the S&P 500 digests a June break to three-month highs.

Link to MarketWatch's Slice.