By Michael Ashbaugh, MarketWatch
U.S. stocks are slightly lower early Wednesday, pressured modestly ahead of the release of the Federal Reserve’s meeting minutes.
Against this backdrop, the S&P 500 has sustained its recent rally from major support (2,817) though it remains capped by the 50-day moving average, currently 2,873. The jagged range-bound May price action remains constructive, on balance.
