S+P 500 futures pricing a higher opening now

Yesterday the S+P 500 was clearly dragged lower by the underperformance in the Nasdaq 100. The S+P, which had opened at 6,083.01 fell back to a low at 6,048.63 and later closed 37 points lower, at 6,052.85. The price action across the futures this morning has been pretty steady, but more recently it has been edging higher and right now pricing a reopening around 6,060. Earlier today the US NFIB small business index might have given that opening outlook something of a lift, because it did beat expectations (rising to 101.7, where a reading around 95.3 was forecast). There is some more data for the index to digest at 1.30pm GMT ( final Q3 unit labour costs and non-farm productivity), but the real data that matters is tomorrow and that is the November CPI report. There will be more to add on that tomorrow morning. Meanwhile, the opening outlook is a little bright now this afternoon