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Michael Ashbaugh

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Feb. 18, 2021, 12:01 p.m. EST

Charting a bull-trend pullback, S&P 500 tags first support

Focus: Airlines tag 11-month highs, JETS, SPOT, TXN, CVX, ZNGA

By Michael Ashbaugh, MarketWatch

U.S. stocks are lower early Thursday, pressured after disappointing weekly jobs data and a soft batch of quarterly earnings reports.

Against this backdrop, the S&P 500 has extended a downturn from recent record highs, pulling in to tag first support (3,885).

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