Michael Ashbaugh

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Jan. 12, 2018, 11:57 a.m. EST

U.S. benchmarks take flight, extend statistically unusual 2018 breakout

Focus: Oil & gas exploration sector takes flight, Retail sector tags 52-week highs, XOP, XRT, DAL, AAP, VRAY, VUZI

By Michael Ashbaugh, MarketWatch

True to 2018 form, U.S. stocks are firmly higher early Friday, rising after a strong batch of quarterly earnings reports.

In the process, each widely-tracked U.S. benchmark has extended its rally to record territory, building on an already statistically unusual technical breakout.

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