Rally In Crude Saves S&P 500 Index Futures From Abyss

S&P 500 index are in upward vacuum rallying over 25 handles from its intra-day low of 1805. Rumors of cuts in oil production by OPEC instigated a $1 rally in Crude Oil, taking it from its $26.05 low into the $27 handle. The intra-day high in the index stands at 1933.50. In order to reach the lower-end of Wednesday's session, the index would need to reach 1838.50.