US stocks opened higher on Friday with the S&P 500 looking to lift further a day after notching a new all-time high.
Five minutes into trade, the S&P 500 was at 2 123.16, up 2.06 points. The Dow Jones Industrial Average added 0.08% at 18 266.22, while the tech-rich Nasdaq Composite Index gained 0.23% at 5 062.21.
The S&P 500 has flirted over the last three months with breaking into a higher trading range but has instead retreated.
"What traders are watching now is whether (the S&P 500) can power-kick its way to higher highs above the 2 125 level (its all-time intraday high) or if it has its legs kicked out from under it after challenging such an auspicious level," said Patrick O'Hare, analyst at Briefing.com.
The S&P 500 has flirted over the last three months with breaking into a higher trading range but has instead retreated.
"What traders are watching now is whether (the S&P 500) can power-kick its way to higher highs above the 2 125 level (its all-time intraday high) or if it has its legs kicked out from under it after challenging such an auspicious level," said Patrick O'Hare, analyst at Briefing.com.
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