The Dow Jones is up by more than 1.46% in premarket trading as traders remain optimistic about the health of the global economy. The index is trading at $26,126, which is the highest it has been since June 23. Other global indices are also in the green today.
In Asia, the Shanghai index rose by more than 5% while the Nikkei 225 and Hang Seng rose by more than 1%. In Europe, the DAX index and FTSE 100 rose by more than 1%.