U.S.
equity index futures edged higher on Sunday in the wake of a victory by
the centrist candidate in the closely watched presidential French
election, suggesting the benchmark S&P 500 may push further into
record territory when trading reopens on Monday morning.
S&P 500 emini futures ESv1 were last up fractionally after electronic trading reopened for the week late on Sunday afternoon. Futures initially ticked about 0.2 percent higher but have since pared some of the gain.
The move came after independent centrist Emmanuel Macron, who favors keeping France inside the European Union, was elected the country's president, easily beating back a challenge from EU critic Marine Le Pen.
On Friday the S&P 500 .SPX marked a record-high close, as energy stocks bounced back along with oil prices and the government reported U.S. job growth had rebounded in April.
Macron's victory was seen as a supporting factor for global equity markets that have had some concern about the tide of nationalism and protectionism in recent political contests on both sides of the Atlantic.
Macron had secured more than 65 percent of the vote to Le Pen's 34.5 percent with 45 million ballots counted out of 47 million registered French voters.
S&P 500 emini futures ESv1 were last up fractionally after electronic trading reopened for the week late on Sunday afternoon. Futures initially ticked about 0.2 percent higher but have since pared some of the gain.
The move came after independent centrist Emmanuel Macron, who favors keeping France inside the European Union, was elected the country's president, easily beating back a challenge from EU critic Marine Le Pen.
On Friday the S&P 500 .SPX marked a record-high close, as energy stocks bounced back along with oil prices and the government reported U.S. job growth had rebounded in April.
Macron's victory was seen as a supporting factor for global equity markets that have had some concern about the tide of nationalism and protectionism in recent political contests on both sides of the Atlantic.
Macron had secured more than 65 percent of the vote to Le Pen's 34.5 percent with 45 million ballots counted out of 47 million registered French voters.
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