US stocks open higher on trade hopes

Technical Analysis

Author: Greg Michalowski | sp

The not so positive is weaker ADP today

The US major stock indices are opening higher on hopes for US/China once again.  The not so positive comes from the weaker ADP report today.

A snapshot of the market is currently showing:
  • S&P index, +17.4 points or 0.56% at 3110.38
  • NASDAQ index up 52 points or 0.61% at 8572.90
  • Dow up 170 points or 0.63% at 27675

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