New benchmark for the broad market index
The S&P index is trading at 4500. That’s up around 14 points or 0.32%. That is a new milestone and a new all-time record intraday high for the index.
Looking at the daily chart, the price is also testing a topside trendline connecting highs from May, July, and August (see red numbered circles). That trendline cuts across at 4504.70.
