US stocks are set open higher. Futures are implying a solid start for the major indices
<p>It is hump day in the week, and the major US stock indices are ± unchanged for the trading week. However, things are looking good in premarket trading to tilt the bias more to the upside. A gain this week would be the 5th consecutive positive week for the major indices.</p><p>In premarket trading, the features are implying a higher opening with the NASDAQ index leading the way. Currently futures are implying:</p><ul><li>Dow industrial average futures are implying a gain of 103 points</li><li>S&P futures are implying a gain of 22 points</li><li>NASDAQ futures are implying a gain of 106 points</li></ul><p>US yields are lower with the two-year down -7.8 basis points any tenure down -4.4 basis points.</p>
This article was written by Greg Michalowski at www.forexlive.com.
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