S&P 500 Index Futures Trading Higher

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

S&P 500 index futures are trading higher by five points at 2091.25 in Wednesday's session. After rallying to 2093.75 in premarket trading, the index has yet to reach that level, stalling at 2092.75 Seven of the top ten components in the index are in the green. Leading the way on the upside is Microsoft

shares, which are trading higher by $0.45 at $45.79. It is followed by Johnson & Johnson

shares which are trading higher by $0.68 at $99.70. Leading the way on the downside is Apple Inc

shares which are trading lower by $0.83 at $122.55.