S&P 500 index futures are trading higher by two points at 2097.50 in Tuesday's session.
The index is being lead by strong gains in Apple Inc. AAPL and Exxon Mobil Corporation XOM. The laggards so far in the session are Amazon.com, Inc. AMZN and Facebook Inc FB.
At this time, the index is nearing the high from Monday (2100), reaching 2099. If the rally continues, there may be some additional resistance at its July 23 high (2104.50).
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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