Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), FHFA House Price Index (10am), Pending Home Sales Index (10am), EIA Petroleum Status Report (10:30am), FOMC Meeting Announcement (12:30pm), Chairman Press Conference (2:15pm)

Premarket Update (Updated 9am eastern):

  • U.S. Futures are down slightly, while the Nasdaq is showing moderate strength from the Apple (AAPL) earnings report.
  • Asian markets finished about 1.1% higher on the day.
  • Europe is showing weakness of about -0.6%

Technical Outlook (S&P):

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