Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
S&P 500 index futures are trading higher by 28 points at 1949.75 in Tuesday's session. The index has been able to maintain a majority of its gains from pre-market trading.
Off the open, the index found resistance ahead of the pre-market high (1961), only reaching 1959.25, before falling back. Intra-day support at this time comes in at 1946.75.
All of the top 10 components in the index are in the green. Leading the way on the upside are its top two components: Apple Inc. AAPL shares are trading higher by $2.79 at $112.06 and Microsoft Corporation MSFT shares are trading higher by $1.21 at $43.82.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.