Dow Jones now set to reopen above 39,400

The gains here in the European stock markets led by the DAX has continued to support the opening outlook for US stocks. That was mentioned here in the previous update and since then all three major US index futures have put on some more gains. The Nasdaq 100 is still leading the way in that respect, but the Dow Jones is not far behind and right now pricing a reopening at above 39,400, where the index closed last night at 39,313. At the same time, the push higher in Gold has now seen the metal trade to $2,200. That level was noted earlier as being well and truly on the radar and now it has been reached. The high seen so far has been set at $2,200.18. It is below that right now though, as the Dow Jones prices a reopening at 39,415