S&P 500 futures are up 0.2% today as today is the monthly equity and single-stock options expiration. Those who bought on April 7 are certainly feeling good about those calls.
Yields are coming down and that’s taking away one risk from stock markets in what’s been an incredible run. Trump’s trip to the Middle East has also made it pleasantly quiet on the domestic front.
A gain today would be the 5th in a row and that comes on the heels of a nine-day rally that was only broken up by a small loss on May 9. There has only been one negative day since April 21.
This article was written by Adam Button at www.forexlive.com.
