Softer inflation in Europe points to Wall Street extending the latest rally
U.S. stock futures moved to three-week highs Thursday after news of softer European inflation pushed bond yields lower.
How are stock-index futures trading On Wednesday, the Dow Jones Industrial Average DJIA rose 323 points, or 1%, to 32718, the S&P 500 SPX increased 57 points, or 1.42%, to 4028, and the Nasdaq Composite COMP gained 210 points, or 1.79%, to 11926. The CBOE VIX index VIX , a gauge of expected stock market volatility, sits around 19 and close to its lowest for a month.
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