Stocks are trying to turn green after another record close yesterday.
S&P 500 futures and European markets are down less than two-tenths of a percent. They’ve been climbing all morning, fighting back from negative earnings reports yesterday afternoon from technology heavyweights Microsoft and Google. Asia fell in the overnight session, with Shanghai and Tokyo both down 1.5 percent.
The S&P 500’s ending level of 1689 marked the fourth time in the last six sessions that the index closed at a new record high. It’s been pausing around a resistance level from May, but refusing to back down as several positive catalysts remain intact.
— Option Monster