After yesterday’s handsome gains, US stocks are set to press higher again today, following the lead of European markets.
European stocks have raced ahead after another Greek bail-out deal was prepared for sign off by the 19 members of the Eurozone.
Spread betting quotes point to a 70 point rise to 17,776 at the outset for the Dow, and a nine point increase at 2,085 for the S&P 500.
The seeds firm has not totally closed the door on the Germans, indicating it is willing to start talking turkey at a higher price.
Hewlett Packard Enterprise Co (NYSE:HPE) shot up more than 11% in pre-market reading as it confirmed last night it is to spin off its information technology services business.
In this morning’s announcements, high-end jeweler Tiffany & Co (NYSE:TIF) failed to sparkle with its first quarter update.
The company reported its sharpest year-on-year sales decline in six quarters. The company said it expected full-year profits would be down on last year by a mid-single digit percentage.