Equity markets are bid in pre-market activity. S&P 500 futures are trading nearly 6 handles higher to 1,404, while DJIA futures gained 50 to 13,128. With the quarter ending today, we look at the 1,400 level in S&P futures as an indication of whether bullish sentiment will continue in April. RIMM shares, which initially fell 2% following a fourth quarter loss, are currently indicated to open 1% higher.
Oil and Natural Gas are both 0.5% higher to $103.60 and $2.1570. Expect front-month crude futures to experience some resistance at $103.80/90 – formerly a point of support.