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Michael Ashbaugh

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Sept. 4, 2019, 11:50 a.m. EDT

S&P 500’s range-bound backdrop persists to start September

Focus: Real estate sector sustains a breakout, Health care sector presses key trendline, IYR, XLV, AKAM, LRCX, NEM, JKS

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Wednesday, rising amid reports of easing tensions in Hong Kong as well as U.K. parliamentary developments that may avert a hard Brexit.

Against this backdrop, the S&P 500 remains capped by major resistance (2,943) preserving a range-bound backdrop to start September.

Link to MarketWatch's Slice.