Breaking: S&P 500 Futures rise to record high above 3,400

• S&P 500 Futures cross February’s record top of 3,397.50.
• Vaccine hopes, receding virus numbers favor the bulls to extend the longest run-up of 2020.

S&P 500 Futures stay on the front-foot while taking the bids near 3,400.38, up 0.23% on a day, during the early Monday. In doing so, the risk barometer crosses February month’s record top near 3,397 to mark the fresh all-time high of 3,401.12. Although macros are mostly quiet, together with the economic calendar, hopes of coronavirus (COVID-) vaccine seems to help the equity benchmark follow Friday’s Wall Street gains.

More to come…