Investor Alert
Michael Ashbaugh

The Technical Indicator Archives Subscribe

June 17, 2019, 11:54 a.m. EDT

Nasdaq challenges 50-day average, S&P 500 digests June breakout

Focus: Rate-sensitive groups rise ahead of the Fed, XLU, IYR, SBUX, SNPS, VRSK, ZG

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Monday, rising despite a soft batch of economic data ahead of the Federal Reserve’s policy statement, due out mid-week.

Against this backdrop, the Nasdaq Composite is pressing its 50-day moving average, currently 7,857, as the S&P 500 traverses an increasingly familiar mid-month range.

Link to MarketWatch's Slice.