The S&P Is This Close The S&P 500 sees a narrow close as it s stuck in its channel and the Russell sees a strange move against the Summation Index. Let s break down the action. Stocks quotes in this article: IWM
The S&P 500, which closed up a buck and change, hasn t had a close that narrow like less than two points since Nov. 6. If you squint, you can see is the day where the lower line for the S&P chart begins. Either way, the S&P remains in the channel and if this continues, it could very well play out like the prior two months.