Dow Jones futures pressing higher ahead of the US opening

The Dow Jones closed yesterday at 40,712, up from an earlier session low at 40,584 and down from a high that had proceeded that low, at 41,026. The rejection of the 41k level was not in itself an indication the index has yet topped out again, but perhaps more an indication of those that did not get caught in the previous sell-off looked to bank some gains at the second time of asking near record levels. The reader is again reminded of the July 18 record high for the index at 41,376. Perhaps we shall see by the close this evening and after the Fed boss has delivered whatever pearls of wisdom he has to offer beforehand, if the index has more gas in the tank. That index future is on the rebound this morning though and just now nosed its way above 40,900. That has been helped by gains here across Europe this morning. The Dow Jones is currently indicated to reopen at around 40,895