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US stock futures advance- Dow Jones priced to open around 38,800 now

Following on from an earlier update here, noting the gains across the European stock markets now today, those gains have now extended. The DAX has risen above 18,600 and the CAC 40 has reclaimed the 8k level. The FTSE 100 is higher as well (above 8,260) and all this comes as the US futures advance further. The S+P 500 is now priced to reopen above 5,300 and the Dow Jones is looking at kicking off the session close to 38,800. Obviously, the price action remains reasonably fluid, so things might have shifted when live trading actually resumes. The gains in the US stock futures come as US yields edge a little lower and the 2 year note continues to reject a move back above 4.80%. 
 

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