Investor Alert
Michael Ashbaugh

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Oct. 9, 2019, 11:49 a.m. EDT

S&P 500 traverses lower plateau as October volatility persists

Focus: U.S. dollar holds the breakout point, Transports and financials fail key technical tests, UUP, XLF, IYT, JEC, CROX, DHI

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, rising amid reports of China-U.S. trade progress ahead of formal meetings, set to begin Thursday.

Against this backdrop, the S&P 500 is traversing a lower plateau — capped by major resistance (2,940) — vacillating amid a prolonged October volatility spike.

Link to MarketWatch's Slice.