S&P 500 (SPY) futures are up 0.4% and Nasdaq 100 (QQQ) up 0.5% as U.S. markets return from the 3-day weekend. While the U.S. got some sun yesterday, Europe posted gains and is up moderately again today. The elections there drew loud headlines for the gains made by far right wing and anti-EU parties, but Italy soared after reform-minded Matteo Renzi - who has only been in power for three months - beat back a challenge from Beppe Grillo.
Asia was little-changed overnight.
The 10-year Treasury yield is flat at 2.54% and gold is lower by $8 an ounce to $1,284.