Seeking Alpha

Stock futures rise, existing home sales data due

  • Stocks rallied yesterday and are on track for a modestly higher open on this options expiration Friday, as signs of a potential end to the violence in Ukraine helped set a positive tone.; the S&P, Dow and Nasdaq are all +0.2%.
  • Wall Street's strength boosted sentiment in Europe, where the U.K.'s FTSE index nears all-time highs and France's CAC 40 posted a five-and-half-year high; Asian shares are mostly higher, with the Nikkei rallying nearly 3%.
  • Treasurys are modestly lower, with the yield on the benchmark 10-year note up 2 bps at 2.77%.
  • Still ahead: existing home sales.
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