FXEmpire.com - Stocks Continue To Move Higher S&P 500 futures are gaining ground in premarket trading as traders remain optimistic about the new round of stimulus and the success of mass vaccination program. In addition, weaker inflation shows that the Fed will not have to raise rates anytime soon which is bullish for stocks and bearish for the U.S. dollar. The American currency has already started to lose ground after the release of inflation reports, providing support to precious metals like gold and silver.