US Equity Futures Extend Gains; Europe in Rally Mode; Asia Stronger Overnight, Jones Trading Says

US equity futures were continuing Tuesday’s rally, with the S&P futures up 70 points, threatening Monday’s highs, while short cover in Facebook (FB) propelled the Nasdaq higher, said Dave Lutz, head of ETFs at Jones Trading. Europe was in a rally mode, where the DAX was up 1.5% on heavy micro headlines. Telcos were watching O2’s parent rip higher on […]