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Michael Ashbaugh

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July 10, 2019, 11:50 a.m. EDT

S&P 500 nails major support, briefly ventures atop the 3,000 mark

Focus: Gold rallies from major support, Twitter’s trendline breakout, Micron takes flight, GLD, TWTR, MU, AVLR, ZIXI

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, but off session highs, rising after dovish policy remarks from Federal Reserve Chairman Jerome Powell.

Against this backdrop, the S&P 500 has briefly ventured atop the 3,000 mark for the first time on record, rising from a successful test of well-defined support.

Link to MarketWatch's Slice.