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Spy futures price economists link today’s firming "SPY

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Economists link today’s firming "SPY futures price" to easing recession fears after strong service sector data. The futures curve shows slight steepening, typically signaling improved growth outlook. Entergy (ETR) closed up more than +1% after Scotiabank upgraded the stock to sector outperform from sector perform with a price target of $105. UBS has raised it stock price target for Archer-Daniels-Midland to $60, implying more than 19% upside from Friday's close of $50.13 per share. The "SPY futures price" reaction to global market cues shows strong correlation with Asian equity gains this week, adding an international bullish undertone.