Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), EIA Petroleum STatus Report (10:30am)

Premarket Update (Updated 8:00am eastern):

  • US futures are slightly lower ahead of the opening bell.
  • Asian markets traded 1.6% higher.
  • European markets are trading in a range from -0.3% down to -1.4%.

Technical Outlook (S&P):

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