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Michael Ashbaugh

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Nov. 19, 2020, 11:58 a.m. EST

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

Focus: Airlines sustain vaccine-fueled technical breakout, Target tags record highs, JETS, TGT, HLT, JCI, MET

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Thursday, vacillating after a lackluster batch of economic data and amid renewed concerns over pending economic lockdowns.

Against this backdrop, the S&P 500 and Dow industrials have extended a thus far relatively orderly pullback from Monday’s record closes.

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