US stocks poised for big gains to start the week

20 June 2016, 14:57
Sherif Hasan

S&P 500 futures up 27.5 points

European stocks are soaring and the US market is slated to follow suit. Bourses across Europe are up 2.8% to 3.7% as the odds of a Brexit tumble.

The US market is slated to gain about 1.3% at the open after a 1.2% decline last week.

The gains should take the index close to 2100 and puts the 2016 high of 2020 within striking distance. If the Brexit vote fails it's a virtual certainty that new highs are coming.

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