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June 13, 2018, 12:14 p.m. EDT
By Michael Ashbaugh, MarketWatch
Technically speaking, the major U.S. benchmarks have established a holding pattern, with a grinding-higher bias, ahead of the Federal Reserve’s policy directive and expected interest-rate hike.
Against this backdrop, the S&P 500 has flatlined atop the 2,780 mark — establishing a small flag-like pattern — while the Nasdaq Composite has extended its June break to uncharted territory.
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