Michael Ashbaugh

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Feb. 5, 2021, 12:15 p.m. EST

Charting a slow-motion breakout, S&P 500 edges to all-time high

Focus: 30-year yield approaches marquee 2.0% mark, TYX, CSCO, BLDP, KEY, DDOG

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Friday, rising despite a soft monthly U.S. jobs report.

Against this backdrop, the S&P 500 and Nasdaq Composite have extended modest breakouts — tagging all-time highs — while the recently lagging Dow Jones Industrial Average vies to register its latest record close.

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