Investor Alert
Michael Ashbaugh

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July 8, 2020, 11:47 a.m. EDT

Charting the latest market divergence: S&P 500, Dow industrials balk at gap resistance

Focus: Gold tags seven-year high, Walmart surges amid subscription plans, GLD, WMT, LGIH, JBHT, FORM

By Michael Ashbaugh, MarketWatch

U.S. stocks are mixed early Wednesday, vacillating as the major benchmarks digest the early-July upturn.

Against this backdrop, the Nasdaq Composite has sustained its break to record territory, while the S&P 500 and Dow industrials have balked at gap resistance, though amid initially muted selling pressure.

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