Investor Alert

New York Markets After Hours

Michael Ashbaugh

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Feb. 19, 2020, 11:59 a.m. EST

Charting a tandem breakout attempt: S&P 500, Nasdaq tag latest record highs

Focus: Gold miners clear key trendline, Silver’s strong-volume breakout, GDX, SLV, PAAS, WMT, PCRX, TXT

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Wednesday, rising after a solid batch of economic data and ahead of the release of the Federal Reserve’s meeting minutes.

Against this backdrop, the S&P 500 has edged to its latest record high, while the Nasdaq Composite has broken out more decisively, placing the marquee 10,000 mark increasingly within view. Elsewhere, the S&P MidCap 400 Index is vying Wednesday to register a record close.

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