S&P 500 nails next technical target, Nasdaq ventures atop the 8,000 mark

U.S. stocks are mixed early Wednesday, treading water despite an initially positive response to better-than-expected China GDP data, amid a mixed batch of U.S. corporate earnings reports.

Against this backdrop, the S&P 500 is digesting its latest break to six-month highs, while the Nasdaq Composite has ventured atop the 8,000 mark, and within striking distance of record territory. (The Nasdaq 100 Index has briefly tagged an all-time high early Wednesday.)

Before detailing the U.S. markets’ wider view, the S&P 500’s

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