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US Stock Markets Uniformly Positive After an Hour of Trade

EQUITIES

Both the S&P 500 and the NASDAQ Composite opened at altime highs Wednesday and a brief dip in US futures has now been erased, keeping futures indices close to the overnight alltime high at 3556.25 for the e-mini S&P.

Utilities and healthcare are the top performers in the US, with financials and consumer staples not far behind (this contrasts a little with Europe, which has had a more pro-cyclical rally today).

Tech firms including NVIDIA, Micron Technology and IBM are among the single biggest risers, but notable gains are also seen in downtrodden retail stocks including Gap and Kohl's. At the other end of the scale, some travel-exposed firms are performing poorly, prompting American Airlines and Hilton Worldwide to drop 1-2% apiece.

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