Investor Alert
Michael Ashbaugh

The Technical Indicator Archives Subscribe

Oct. 2, 2020, 11:59 a.m. EDT

Charting market cross currents, S&P 500 retests major support

Focus: Homebuilders challenge record territory, Mid-caps slightly higher amid market downturn, XHB, LGIH, QRVO, BBY, NCR

By Michael Ashbaugh, MarketWatch

U.S. stocks are lower early Friday — though firmly off the session’s worst levels — pressured after President Donald Trump disclosed he has tested positive for coronavirus.

Against this backdrop, the S&P 500 and Nasdaq Composite have ventured under key technical levels — S&P 3,362, and Nasdaq 11,245 — amid a downturn that has initially inflicted limited damage in the broad sweep.

Partner Center

Link to MarketWatch's Slice.