Greater London, England -- (SBWIRE) -- 04/15/2011 -- City Index (http://www.cityindex.co.uk/) takes a look at the activity shaping the spread betting markets on 24th March 2011.
After plummeting in value following the March 11th earthquake and tsunami in Japan, the Standard and Poor's 500 (S&P 500) Index looks set to recoup some of its trading losses, it has been suggested.
Bloomberg noted that the outlook also appears brighter for US stocks futures, which today (March 24th) have risen ahead of a meeting of European leaders in Brussels.
The financial leaders are looking towards a solution to help with the sovereign debt crisis in the eurozone, with both Ireland and Greece previously asking for support.
After its sales for the second quarter surpassed the expectations of analysts noted in a Bloomberg survey, Micron Technology advanced by 3.5 per cent.
Meanwhile, above-expected profits saw Red Hat storm ahead by 9.6 per cent.
As of 09:05 GMT in London, the S&P 500's futures for June had made a 0.2 per cent gain, an advance matched by the Dow Jones Industrial Average futures, the international news resource explained.
Yesterday, the S&P 500 finished trading 0.29 per cent higher compared to the previous day, while the Dow Jones Industrial Average closed 0.56 per cent up.
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