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Michael Ashbaugh

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April 21, 2017, 11:23 a.m. EDT

S&P 500, Dow nail trendline resistance, Nasdaq tags record close ahead of French election

Focus: Europe asserts holding pattern ahead of French election, IEV, JBL, SQ, SSYS, LSI

By Michael Ashbaugh, MarketWatch

Technically speaking, the major U.S. benchmarks are acting well, despite an immediate Friday overhang ahead of the first round of the French presidential election this weekend.

Consider that the Nasdaq Composite has notched its latest record close, though narrowly, while the S&P 500 and Dow industrials have nailed trendline resistance. The retest remains underway early Friday.

Link to MarketWatch's Slice.