Michael Ashbaugh

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Dec. 4, 2020, 12:03 p.m. EST

Charting bullish follow-through, S&P 500 approaches 3,700 mark

Focus: Airlines tag nine-month highs, Boeing extends recovery attempt, FedEx breakout attempt ahead of earnings, JETS, BA, FDX, DDS, SIMO, CAL

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Friday, rising after a lackluster monthly jobs report strengthened the case for fiscal-stimulus measures.

Against this backdrop, each big three U.S. benchmark has extended its December breakout, rising to tag nominal new record highs.

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