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The December E-mini NASDAQ bucked the trend of the other major indices on Friday, rising sharply higher. The technology weighted index was supported by strong gains in Google stock and speculators looking forward to robust earnings news from Apple Computer, Inc. on Monday.

U.S. equity markets are called higher this morning in follow-through buying following Monday’s strong finish. Stocks were under pressure at the mid-session yesterday but mounted a strong short-covering rally into the close. The turnaround to the upside in the Euro was the catalyst behind the rally. The June E-mini NASDAQ managed to close higher with the Dow and S&P 500 trailing closely.

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