S&P 500 Index Futures Sharply Higher Off Reduced Chance Of Brexit

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S&P 500 index futures are trading higher by 24 at 2083 in Monday's session. The rally from the pre-market session that was instigated by increased speculation that Britain will not exit the EU has carried over into the regular session.

So far, the index has rallied passed its June 13 high (2089.25) but has found some intra-day resistance at 2092.50 and has retreated into the mid-2080 handle.

All of the top 10 components of the index are in the green. Leading the way on the upside is Amazon.com, Inc. AMZN shares, which are trading higher by $11.23 at $717.62. It's followed by General Electric Company GE shares, which are trading higher by $0.40 at $41.

Posted In: FuturesTechnicalsIntraday UpdateMarketsTrading Ideas
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