US stocks climb above key level
There have been many eyes on 2600 in the S&P 500 in the past month. it was the October low and it was the level where stocks rolled over in mid-December.
A break (and close) above it would be a technical win for stocks. The 55-day moving average at 2634 is the next level to watch. The index is up 21 points to 2604 today as the market brushes off poor results from JPM and Wells Fargo.
