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S+P 500 futures eye opening close to 6k shortly
As the morning has unfolded and all the US equity futures have advanced further, the S+P 500 futures have gotten closer to pricing a reopening around 6k. The index closed on Friday at 5,942.47. Much earlier today the index was pricing the opening around 5,930. It is right now pricing it around 5,990. There are some US data releases to note after the opening this afternoon. At 2.45pm GMT we get the revision to the December service sector PMI index (expected unchanged at 58.5). Then at 3pm GMT we get the latest Factory goods orders and final revisions to the November durable goods orders data. Those releases might have an impact on the S+P, but right now the market is far more concerned with the prospect of a reduced trade tariff impact.
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