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Gradually questions are being asked about the US outlook- check out the S+P 500 opening today

The US stock markets have just reopened for live trading and it has been a positive start to the day. That was always going to be the case since the European opening really. The S+P 500 is the broadest base measure of the US economy and that gained 63 points on Friday, to close at 5,127. Earlier today the index was priced to reopen above 5,150 and that is pretty much what it has just done. However, an increasing number of questions are now being asked about the broader strength of the US economy, given some of the data we have seen over the past couple of weeks. Sure, the US is still in a sweet spot, but there is no doubt that some of the recent data does show cracks appearing. Those are no cavern though, but time will tell if this starts to widen out and if it does, then the US stock markets might have to curb their enthusiasm in due course- we shall see. Meantime, the Bulls have the ball and stocks are opening higher today 
 

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