S&P 500 Index Futures Market News and Commentary
The S&P 500 Index ($SPX) this morning is up +0.15%, the Dow Jones Industrials Index ($DOWI) is up +0.40%, and the Nasdaq 100 Index ($IUXX) is down -0.19%.
U.S. stock indexes this morning are mixed with the S&P 500 at a 2-3/4 month high. Global stock markets are moving higher today on increased economic activity as countries ease their pandemic lockdowns. Global stocks are also seeing support from expectations for additional government and central bank stimulus measures. U.S. stock indexes saw carry-over support from today's +2.48% rally in the Euro Stoxx 50 to a 2-3/4 month high and +1.19% gain in Japan's Nikkei Stock Index to a 3-month high.
Gains in energy stocks are positive for the overall equity market, with WTI crude oil today up +1.41% at a 3-month high.
There was positive economic news in China after the China Association of Automobile Manufacturers said today that China's May vehicle sales increased by +12% m/m to 2.14 million units, the second straight... Read more