Stock market steady near record highs

U.S. equity markets are trading firmly during active hours, extending gains as major indices push toward new highs amid continued optimism around earnings and economic resilience. Geopolitical developments, particularly the recent U.S. military action and capture of Venezuela’s president, are influencing sector flows — with energy and defense names outperforming — but have not triggered broad risk-off moves so far. Investors appear focused on trend continuation and positioning rather than defensive liquidation, as markets absorb geopolitical headlines without sustained selling pressure and rotate into stocks perceived to benefit from current conditions.

Dow Jones Industrial Average (INDU)

DJIA is extending its upward movement with strong momentum, printing a fresh record high. Price action confirms a clear bullish continuation, with the bull firmly in control and no signs of exhaustion at this stage. The breakout above prior resistance reinforces the strength of the trend, suggesting that pullbacks, if any, are likely to remain shallow. With momentum accelerating, the index remains on a clear path toward the 161.8% Fibonacci extension level at 49,341.

Royal Caribbean Cruises (RCL)

RCL is stabilizing near the daily SMA 200 and the $277 support level after the recent pullback. Price action suggests the formation of a higher swing low, indicating that selling pressure is weakening at this area. This stabilization supports the view that the current pause is corrective rather than the start of a bearish reversal. As long as price holds above the $277 level, the structure favors bullish continuation. A confirmed higher low would open the path for the stock to resume its upward move to target the level around $320.00