U.S. traders are coming off the best week thus far in 2012. The EU announcement of a plan to bailout Spanish banks is helping to continue the market drive into the start of the new trading week.
No economic data releases are scheduled for today; however, several Fed related speeches are scheduled.
U.S. stocks are coming off their best week of 2012, and that momentum seems likely to continue this morning. A request by Spain for billions in aid for its banks has boosted stock markets around the world, and U.S. stock index futures are pointing to a higher open. . Federal Reserve regional bank presidents Charles Evans, Dennis Lockhart, Sandra Pianalto and John Williams are all scheduled to speak through the day and evening.
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