S&P 500 Index Futures Trading Higher

S&P 500 index futures are trading higher by 21 points at 2049.50. The index has now retraced half of its losses since last Thursday's high (2119.50) to Monday's low (1281.50), which comes in at 2050.

All of the top 10 components of the index are in the green. Leading the way on the upside is General Electric Company GE trading higher by $0.53 at $30.47. It is followed by Exxon Mobil Corporation XOM trading higher by $1.29 at $92.20.