Day Trading 11 May Pre Market

Morning all
Thanks Trees and AM crew

Gains in energy, industrial and finacnial shares helped push markets solidly higher overnight.
Local futures are 30 points higher at 5364

The S&P jumped over 1% to jolt it from recent sluggishness as investors bought back risk.
Amazon climbed to an all time high.
"Some of the same factors driving commodities are driving global growth and equities in general," said Greg Woodard, a senior analyst at New York-based Manning & Napier. "If they feel better about growth in China, in emerging markets and global growth, they feel more positive about equities and commodities. The commodity space is really a barometer as opposed to driving equities." 1
Energy and raw-material producers rose 1.8 per cent as oil climbed 2.8 per cent off a two-week low on concerns supplies from two of Africa's largest crude reserves could be disrupted.
JPMorgan Chase & Co and Bank of America rose 1.3 per cent, Goldman Sachs increased 2.5 per cent, the steepest in almost three weeks.

Oil $44.50 + $1.06

Gold $1265
HUI +4%
AUD Gold $1718

AUD .7363