S&P 500 Index Futures Trading Higher

Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

S&P 500 index futures were trading higher by 23 points at 2106.00 in Wednesday's session. The index was in the green for the entire after-hours and pre-market sessions and has added to those gains in the regular session.

For the third day in a row, it has found continuous support in the lower 2080 handle and staged numerous rallies. However, today's rally has taken the index into the 2100 handle and is nearing Friday's high of 2109.25.

All of the top 10 components in the index are trading higher. Leading the way on the upside is General Electric Company GE shares which are trading higher by $0.40 at $26.30. Apple Inc. AAPL shares are recovering from its five-day slide (declining from $123.38 to $114.64), trading higher by $1.87 at $116.51.

The SPDR S&P 500 ETF Trust SPY was trading at $211, up $1.62.