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Michael Ashbaugh

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March 11, 2021, 12:12 p.m. EST

Charting a stealth breakout attempt: S&P 500 rattles cage on record highs

Focus: Europe tags three-year highs amid ECB actions, Boeing’s recovery attempt morphs to key breakout, IEV, BA, MMM, CME, WLK

By Michael Ashbaugh, MarketWatch

U.S. stocks are firmly higher early Thursday, rising after strong weekly jobs data and amid largely easing sovereign bond yields following the ECB’s policy statement.

Against this backdrop, the Dow Jones Industrial Average has extended a break to all-time highs, while the S&P 500 has tagged a nominal record high early Thursday.

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