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Michael Ashbaugh

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July 22, 2020, 12:05 p.m. EDT

S&P 500 sustains latest breakout, rises to challenge next resistance

Focus: Gold and silver stage tandem breakouts, U.S. dollar violates key support, GLD, SLV, UUP, LULU, BBY

By Michael Ashbaugh, MarketWatch

U.S. stocks are slightly higher early Wednesday, rising ahead of several influential earnings reports, and amid familiar trade-related uncertainty.

Against this backdrop, the S&P 500 has sustained its early-week breakout, and continues to challenge it next notable resistance (3,260).

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