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Michael Ashbaugh

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June 10, 2019, 11:40 a.m. EDT

S&P 500 extends steep June rally (again), Nasdaq spikes to challenge 50-day average

Focus: Amazon.com reclaims 200-day average, Health care sector comes to life technically, AMZN, XLV, MCD, WIX, EA, ECL

By Michael Ashbaugh, MarketWatch

True to June form, U.S. stocks are once again firmly higher, rising amid optimism over Mexico-U.S. trade progress.

In the process, the S&P 500 has placed distance atop next resistance (2,873) while the Nasdaq Composite is challenging its 50-day moving average, currently 7,860.

Link to MarketWatch's Slice.