E-mini S&P 500 Index (ES) Futures Technical Analysis – No True Resistance Until 4238.25 Main Top

E-mini S&P 500 Index (ES) Futures Technical Analysis – No True Resistance Until 4238.25 Main Top

June E-mini S&P 500 Index futures are up for a second session on Tuesday as investors played down concerns over inflation and jumped into companies expected to benefit from the reopening of the economy amid rising optimism over the pace of the economic recovery.

At 14:12 GMT, June E-mini S&P 500 Index futures are trading 4197.00, up 3.25 or +0.08%.

Airlines and cruise lines led the market higher. United Airlines jumped 3% after the carrier said yields on domestic leisure tickets purchased this month topped 2019 levels amid the reopening. Boeing also gained 1.7%. Norwegian Cruise Line and Royal Caribbean rose more than 4% each.