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This morning, the S&P 500 Index e-mini futures (ES H2) are trading higher by 4.75 points to 1241.00 per contract. The major stock market indexes all look to be in holiday mode and may just float slightly higher on light volume. The one wild card that could spoil the stock market rally is a confidence vote in Italy today to approve the 33-billion-euro ($43 billion) austerity package. This vote should get passed as it is not expected to face much opposition in the Italian government, however, we can never be too certain when it comes to Europe.