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S&P 500 Index Futures Trading Higher

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Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.

S&P 500 index futures are trading higher by over one point at 2104.77 in Thursday's session. After a quiet pre-market and after-hours session, the index is attempting to follow through on Wednesday's strong gain.

So far, the front-month contract (September) has reached 2106.75, which is shy of its June 4 high (2108.25). If that level is breached there may be additional resistance at its June 5 high (2113.25).

At this time, the top ten components are mixed. Leading the way on upside is the index's top component Apple Inc. (NASDAQ: AAPL) -- shares are trading higher by $0.67 at $129.55.

It's followed by Johnson & Johnson (NYSE: JNJ) shares, which are trading higher, and flirting with the $100 per share mark.

Posted-In: Premarket outlookTechnicals Intraday Update Movers Trading Ideas


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