Economic Reports Due out (Times are EST): Jobless Claims (8:30am), Producer Price Index (8:30am), Empire State Manufacturing Survey (8:30am), Current Account (8:30am), Treasury International Capital (9am), Industrial Productions (9:15am), Bloomberg Consumer Comfort Index (9:45am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am)
Premarket Update:
- Futures are up strong – about 1%.
- Asian markets were down 1.6%
- Europe is currently trading higher at a clip of 1.5% on average.
Technical Outlook (S&P):