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S+P 500 futures higher after it reclaims 5,000 on the close

The jump back in the Nasdaq 100 yesterday helped the S+P 500 index to recover and reclaim the 5k handle by the close last night. The index had been trading much closer to the 4,900 mark just the day before and yesterday it recovered from a session low at 4,957. The index rose to a high at 5,002 and later closed at exactly 5,000. The index futures are higher right now this morning, helped by a very positive start to the European session. The FTSE 100 is trading above 7,600 now and the DAX is very close to all time record highs once again. In fact the DAX has just risen above 17,050 and hence set a new record. The Macro news from Japan and the UK this morning in terms of GDP has helped to push global bond yields lower and that is fuelling this recovery towards record highs for a number of stock markets today and the outlook for the S+P 500 later today is front and centre in that regard. The index is just now priced to reopen at around 5,013

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