S&P 500 Index Futures Trading Sharply Higher

em>Joel Elconin is the co-host of

, a daily trading idea radio show.

S&P 500 index futures are trading higher by thirty four points at 1972 in Wednesday's session. The rally from the premarket session has carried over into the regular session. In fact, the index is quickly approaching last Friday's close (1971.50), much to relief of the many investors. All top ten components of the index are in the green. Leading the way on the upside is Exxon Mobil

shares. which following Crude Oil higher, as it trading higher by $1.69 at $74.18. It is followed by Apple Inc,.

shares which are trading higher by $1.93 at $111.62. The laggard in the index is Procter & Gamble shares

shares which are trading higher $0.21 at $71.19.