The S&P 500 futures currently trade 51 points above fair value.
NVIDIA (NVDA 184.48, +4.47, +2.5%) continues to tick higher in the pre-market after being upgraded to Buy from Hold at HSBC, with a target of $320. The stock has had a bumpy start to Q4, sliding 3.5% (as of yesterday's close).
Mega-caps are poised for a higher open this morning, with all of the "magnificent seven" names trading higher in the pre-market.