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Stocks Stronger, Cyclicals Leading

EQUITIES
  • Asian stocks closed mostly higher: Japan's NIKKEI closed up 475.09 pts or +1.84% at 26246.31 and the TOPIX ended 37.26 pts higher or +2.05% at 1856.2. China's SHANGHAI closed down 8.711 pts or -0.26% at 3306.719 and the HANG SENG ended 395.68 pts higher or +1.87% at 21559.59.
  • European stocks are stronger, with the German Dax up 150.17 pts or +1.13% at 13265.6, FTSE 100 up 41.69 pts or +0.59% at 7121.81, CAC 40 up 88.55 pts or +1.5% at 5920.09 and Euro Stoxx 50 up 45.06 pts or +1.3% at 3469.83.
  • U.S. futures are higher, led by tech: Dow Jones mini up 486 pts or +1.63% at 30355, S&P 500 mini up 67.5 pts or +1.84% at 3743.25, NASDAQ mini up 224.25 pts or +1.99% at 11521.

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