The futures were below fair value earlier this morning on worries about the economy and inflation on the day of the release of the new CPI number. The CPI remained to previous levels which eased concerns and the futures spiked up, putting us in good position for a positive open.
As of 08:30 am : S&P futures vs fair value: +5.0. Nasdaq futures vs fair value: +10.5. Have a good day!