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Charting an August breakout attempt, Nasdaq rallies to record territory

U.S. stocks are firmly higher early Monday, rising to start August amid a rotation back toward large-cap technology. Against this backdrop, the Nasdaq Composite has tagged its latest record high early Monday, while the S&...

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Charting market re-rotation, Nasdaq turns higher amid Apple’s breakout

U.S. stocks are mixed early Friday, vacillating amid a rotation back toward large-cap technology after Apple’s blowout earnings report. Against this backdrop, the S&P 500 and Nasdaq Composite remain range-bound to conclud...

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Charting a GDP-fueled downdraft, Dow industrials challenge 200-day average

U.S. stocks are lower early Thursday, pressured after an ugly second-quarter GDP report, signaling an economy contracting at a record 32.9% annual pace. Against this backdrop, the S&P 500 has maintained its range bottom —...

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Bull trend pauses: S&P 500 traverses the range

U.S. stocks are higher early Wednesday, rising ahead of the Federal Reserve’s latest policy statement, due out this afternoon. Against this backdrop, the S&P 500 remains range-bound, for now, though its intermediate-term ...

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Charting a (bullish) holding pattern, S&P 500 digests break to 5-month highs

The major U.S. benchmarks are acting well technically, though amid increasingly sideways late-July price action, writes Michael Ashbaugh.

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Charting a (bullish) holding pattern, S&P 500 digests break to 5-month highs

Broadly speaking, the U.S. benchmarks are acting well technically, though amid increasingly sideways late-July price action.

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Bull trend intact, S&P 500 maintains near-term support

U.S. stocks are higher early Monday, rising ahead of another full slate of earnings reports, due out this week. Against this backdrop, the major U.S. benchmarks remain range-bound, largely treading water amid still rotati...

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Charting a bull-trend pullback, S&P 500 ventures under the breakout point

U.S. stocks are lower early Friday, pressured amid heightened China-U.S. diplomatic tensions. Against this backdrop, the S&P 500 has ventured under its breakout point (3,233) extending to deeper support around the 3,200 m...

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Market rotation persists, small- and mid-caps extend break atop 200-day average

U.S. stocks are mixed early Thursday, with the small- and mid-cap benchmarks rising respectably amid modest downturns across the big three U.S. benchmarks. Against this backdrop, the S&P 500 continues to digest its early-...

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

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,...