This morning, the S&P 500 Index e-mini futures (ES-H3) are trading higher by 6.50 points to $1532.25 per contract. Traders and investors seem to be buying the futures ahead of the opening bell. It seems that the European markets are all in rally mode as the European finance ministers may ease their policy on austerity. This simply means more easy money policies and less bill paying for those who do not know. Well, the stock markets love that news, more debt is good in the world of finance.
Last night, the Asian stock indexes all rallied higher. The Shanghai Index (China) was the big winner finishing higher by 2.3 percent. The other big winner was the Bombay Sensex Index (India) which finished higher by 1.40 percent. Traders should watch for some strength in the Indian ADR's if the U.S. markets hold up throughout the day. Leading equities such as Tata Motors Limited (ADR) (TTM), Infosys Ltd ADR (INFY), Wipro Limited (ADR) (WIT), and the India Fund Inc (IFN) are just a names that could be in play today.
Below you may find the video.
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Europe Is Higher, Asia Is Higher, And The Bull Run Continues
Published 03/05/2013, 02:03 PM
Updated 07/09/2023, 06:31 AM
Europe Is Higher, Asia Is Higher, And The Bull Run Continues
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