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S&P 500 Index futures were trading sharply higher by 17 points at 2049.00 in Thursday's session. After trading higher for the entire after-hours and pre-market session, the rally did not take a breather off the opening bell.
At time of writing, they surpassed Wednesday's high (2044.75) mounting a challenge to clear the 2050 level, reaching 2051.25, before falling back to its current level.
The index is getting a boost from
Apple Inc.AAPL as well as rally in the financial sector. Following the passage of the most recent Stress Test,
JP MorganJPM,
CitigroupC and
Wells Fargo are all posting solid gains.
The
SPDR S&P 500 ETF TrustSPY was trading at $206.26, up $1.76 (about 0.9 percent).
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