Michael Ashbaugh

The Technical Indicator Archives Subscribe

Feb. 17, 2021, 12:27 p.m. EST

Charting market cross currents, S&P 500 pulls in to the range

Cross currents across asset classes surface amid surging Treasury yields, TNX, USO, GLD, FXY, UUP, XLF, KRE

By Michael Ashbaugh, MarketWatch

U.S. stocks are lower early Wednesday, pressured as the latest economic data fuel the debate regarding potential pending inflation.

Against this backdrop, each big three U.S. benchmark has reversed from Tuesday’s record high, pulling in to its former range amid largely garden-variety selling pressure.

Partner Center

Link to MarketWatch's Slice.