Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), Import and Export Prices (8:30am), EIA Petroleum Status Report (10:30am), Beige Book (2pm), Treasury Budget (2pm)

Premarket Update (Updated 9:00am eastern):

  • US futures are flat ahead of the market open.
  • Asian markets traded about 0.9% lower.
  • European markets are trading about 1.0% higher.

Technical Outlook (S&P):

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