S&P 500 Index Futures Sharply Higher

S&P 500 index futures are trading higher by 25 points at 1913.75 in Wednesday's session. The rally from the pre-market session has carried over into the regular session. So far, the index has traded just beyond its February 5 high (1914,25), reaching 1916.50.

All of the top 10 components of the index are in the green. Leading the way on the upside is General Electric Company GE shares which are trading higher by $0.69 at $29.56. It's followed by Microsoft Corporation MSFT shares which are trading higher by $0.86 at $51.95.