US Equity futures point to a strong opening

FXStreet (Mumbai) - The US Equity futures have gained strength tracking the gains in the European equity markets.

The DJIA December futures are trading 1.01%h higher at 16, 176, while the S&P December futures are trading 1.20% higher at 1872.95. Meanwhile, the ten-year treasury yield in the US is trading steady around 2.19%.

Moreover, the US index futures have strengthened on speculation that the Federal Reserve may support economic growth with more stimulus, while Morgan Stanley and General Electric Co. reported better-than-estimated profits.