Bulletin
Investor Alert

New York Markets Open in:

Michael Ashbaugh

The Technical Indicator Archives Subscribe

July 6, 2020, 11:48 a.m. EDT

S&P 500 ventures atop key resistance (3,155), Nasdaq spikes to record high

Focus: China takes flight from key support, FXI, AKAM, TEAM, SWKS, VRSK

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher Monday, rising after a strong batch of global economic data and following market-friendly remarks from China.

Against this backdrop, the S&P 500 has ventured atop major resistance (3,155) — and is vying for its first close atop the inflection point since June 10 — as the Nasdaq Composite extends its July break to uncharted territory.

Link to MarketWatch's Slice.