Stock indices are set to open higher

The major US stock indices are on pace to have their first positive week. Coming into the day:

• Dow industrial average up 2.90%
• S&P index up 1.89%
• NASDAQ index is up 0.92%.

in premarket trading futures implying:

• S&P index 52.66 points
• Dow industrial average 274 points
• NASDAQ index up 342 points

Intel shares are up 7.42% on a report that they are in play as a takeover target (they need it)

• Nvidia shares are up 1.67%. Yesterday shares fell -1.96%
• Microsoft shares are up 1.42%. Yesterday shares fell -0.41%
• Amazon shares are up 1.85%. Yesterday shares and felt -1.20%.
• Meta shares are up 1.67%. Yesterday shares fell -0.94%.
• Alphabet shares are up 1.69%. Yesterday shares fell -1.35%
• Apple shares are up 1.31% after tumbling -4.04% yesterday.

This article was written by Greg Michalowski at www.forexlive.com.