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Michael Ashbaugh

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June 22, 2020, 11:56 a.m. EDT

Nasdaq maintains first support, S&P 500 rattles the near-term range

Focus: Basic materials hold 200-day average, XLB, TER, FSLR, TDOC, MNTA

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Monday, vacillating as the major benchmarks kick off the official start of summer in flatlining form.

Against this backdrop, the S&P 500 is traversing a familiar near-term range — capped by gap resistance — while the Nasdaq Composite remains within striking distance of its record close (10,020).

Link to MarketWatch's Slice.