Stock futures ticked higher overnight and look to extend the broad rally which pushed the S&P 2.58% higher yesterday. Ninety minutes before the opening bell, Dow futures are up 29 points to 10,261 and S&P 500 futures are up 3.75 points to 1,100.75. The 2-year Treasury note yield is 2.8 basis points higher at 0.845% while the benchmark 10-year Treasury noteyield is up 4.6 basis points at 3.395%. NYMEX crude oil futures are up 0.40 to $73.26 per barrel, but Gold futures are down 4.40 to $1,216.20. Global markets are also sharply higher, including a 3.24% gain in Japan’s Nikkei 225 and a 2.21% climb in France’s CAC 40. Most other markets are up more between 1% and 2%. China’s Shanghai index is the outlier, trading lower by 0.73%. The broad inclines occurred despite the...(read more)

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