S+P 500 futures buoyed by Japanese and European stock rebounds

On Friday the US stock markets all slumped to a lower close. As already noted here this morning, the losses were led by the Nasdaq 100 and that spilled over into the S+P 500, ensuring that index closed 1.73% lower on the day. The S+P closed 94.99 points lower, at 5,408.42. Since the US close on Friday the index was priced to potentially reopen lower, at around 5,385. However, the rebound in the Nikkei 225 overnight and the gains seen so far in Europe this morning have helped to lift the opening outlook for the S+P. So, right now the index is priced to open higher later today. The current indication on that is right now at around 5,445, but it will chop and change before live trading resumes this afternoon