The futures on US stock indices are trading in the green zone. Investors are looking forward for corporate reports and their expectations seem to be fairly positive at this point. Still, the rally is restrained by the fact that the US budget and debt ceiling talks are still underway and the issue is far being resolved, thereby pushing the US economy closer toward default.
The current market situation looks as follows:
· S&P 500 is up by 2,1 points to 1669,8
· Dow Jones Industrial Average has increased by 15 points up to 14866
· Nasdaq-100 is up by 5,5 points and is currently trading 3210,5
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of S&P500:
