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Michael Ashbaugh

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Oct. 8, 2020, 12:25 p.m. EDT

S&P 500 breaks to less-charted territory, rallies to tag next resistance

Focus: Biotech sector challenges record highs, Transports reach record territory, XBI, IYT, CRM, TWLO, MLM, ALXN

By Michael Ashbaugh, MarketWatch

U.S. stocks are higher early Thursday, rising to extend a jagged but persistent October rally attempt.

Against this backdrop, the S&P 500 has reached a less-charted patch at one-month highs, rising to tag next resistance (3,444).

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