S&P futures vs fair value: +6.10 at 1013. Participants of S&P 500 drove the index higher before the opening bell. All the eyes are now turned to the existing home sales data, which will be released at 10am.
European bourses are trading with strong gains today. DAX is trading significantly higher, up 1.7% while France's CAC is trading also with confidence, up 1.6%.