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Markets Are Rallying In Europe, US Futures Are Looking Up

Sam Ro   

Markets Are Rallying In Europe, US Futures Are Looking Up

Markets are up early in the European trading session.

England's FTSE 100 is up 0.3 percent.

Germany's DAX is up 0.7 percent.

France's CAC 40 is up 0.5 percent.

Spain's IBEX is up 0.8 percent.

In Asia, Japan's Nikkei closed up, while Australia's S&P/ASX ended down.

It's looking like it'll be a quiet day. European Union leaders are in Brussels for a two-day meeting.

Later today, we'll get the latest reading of U.S. producer prices and initial weekly jobless claims.

U.S. futures are currently pointing to a higher open.

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