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Michael Ashbaugh

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Aug. 19, 2020, 12:05 p.m. EDT

Nasdaq breaks to uncharted territory, S&P 500 (narrowly) nudges a record high

Focus: Small- and mid-cap benchmarks assert holding pattern as August rotation persists

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, rising after a mixed batch of earnings reports, and ahead of the Federal Reserve’s meeting minutes, due out this afternoon.

Against this backdrop, the Nasdaq Composite has extended a respectable break to record territory, while the S&P 500 has scratched out nominal record highs across consecutive sessions.

Link to MarketWatch's Slice.