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Michael Ashbaugh

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March 31, 2021, 12:03 p.m. EDT

Charting a stealth breakout attempt, S&P 500 tags fractional record high

Focus: 10-year yield asserts higher plateau, FedEx extends earnings-fueled breakout, TNX, FDX, X, APD, VCEL

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, rising as a largely-bullish first quarter concludes.

Against this backdrop, the S&P 500 has tagged a fractional record high early Wednesday amid a stealth late-March breakout attempt that remains underway.

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