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Michael Ashbaugh

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June 10, 2020, 11:56 a.m. EDT

Market rotation persists, Nasdaq rattles cage on 10,000 mark

Focus: China sustains break atop 200-day average, Apple takes flight to record territory, Microsoft challenging all-time highs, FXI, AAPL, MSFT, CVNA, HPE

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Wednesday, vacillating ahead of the Federal Reserve’s policy statement, due out this afternoon.

Against this backdrop, the Nasdaq Composite has extended its June breakout — re-tagging the 10,000 mark early Wednesday — while the S&P 500 consolidates amid persistently rotational June price action.

Link to MarketWatch's Slice.