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Early Trading Suggests Higher Stock Prices

Jul. 06, 2020 7:53 AM ET
Pat Stout profile picture
Pat Stout's Blog
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  • Stock futures (DJIA & S&P 500) higher in early ore market trading.
  • WTI crude oil is steady.
  • Don’t see any news that is driving stock prices higher.

Early trading in stock market futures point to higher stock prices. Dow Jones Industrial Average futures are up 360 points, S&P 500 futures are up 35.00 points and the Nasdaq futures up 119.50 points.

WTI crude oil is $40.66 per barrel.

The SPY (S&P 500 ETF) is trading at 316.35, up more than 1%.

It is unclear what news is moving the market higher.

Analyst's Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

May enter SPY calls or put options.

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