US500 and US100 are closing in on record highs
S&P 500 (US500) and Nasdaq (US100) futures managed to recover from yesterday's losses and both indices are closing in on all-time highs in early European trading. Following a strong upward move during the Asian trading hours, both indices are trading less than 0.4% below their intraday all-time highs. European stock market futures are also posting solid gains. Powell's testimony in Congress and ISM manufacturing release for November (both at 3:00 pm GMT) are key events to watch today.
US100 closes in on an all-time high following a strong upward move triggered by solid data from Asia. Source: xStation5
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