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Bulls Remain In Charge




Stocks are once again solid, with continental stock markets higher by 0.3% for the FTSE-100, CAC-40 and as much as 2.5% for Italy. Reports that former ECB President Draghi is headed for the PM position in Italy has been greeted positively, with Italy's FTSE-MIB approaching the cycle highs printed in early January.

US futures trade higher once more, with the e-mini S&P higher by close to 15 points to again narrow the gap with alltime highs at 3862.25 printed on Jan26.

Earnings again remain a focus, with Amazon and Alphabet shares both higher pre-market after their respective releases yesterday. AbbVie, Biogen, Qualcomm and PayPal are among the key reports Wednesday.