Futures point to more gains at the open
Jun. 06, 2019 4:29 AM ETSPDR S&P 500 Trust ETF (SPY), QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, SFLA-OLD, QQXT, SPUU, SPXE, UDPIX, OTPIX, RYARX, SPXN, SPDN, SPXT, SPXVQQQ, SPY, DIA, IVV, RSP, QQEW, PSQ, SH, DOG, QLD, SSO, DDM, DXD, QID, SDS, QQXT, EPS, SPXL, SPXS, UPRO, TQQQ, SQQQ, UDOW, SDOW, VOO, SFLA-OLD, QQQE, SPLX, SPUU, OTPIX, RYARX, UDPIX, VFINX, SPXE, SPXN, SPXV, SPXT, SPDN, SPXUBy: Yoel Minkoff, SA News Editor92 Comments
- U.S. stock index futures are modestly higher after booking their second-largest two-day gain of the year on hopes of a near-term rate move from the Federal Reserve.
- Contracts tied to the DJIA are indicating a 71-point opening bell advance, while those linked to the S&P 500 and Nasdaq suggest a 0.3% bump.
- The move upward follows the latest trade war comments from President Trump. "Our talks with China, a lot of interesting things are happening. I could go up another at least $300B... But I think China wants to make a deal."
- Oil is up 0.2% at $51.79/bbl, gold is 0.5% higher at $1340/ounce and the 10-year Treasury yield is flat at 2.12%.
- ETFs: SPY, QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, OTC:SFLA, QQXT, SPUU, SPXE, UDPIX, OTPIX, RYARX, SPXN, SPDN, SPXT, SPXV