Economic Reports Due out (Times are EST): Housing Starts (8:30am), Jobless Claims (8:30am), Producer Price Index (8:30am), Bernanke Speaks (9am), Bloomberg Consumer Comfort Index (9:45am), Philadelphia Fed Survey (10am), EIA Natural Gas Report (10:30am)
Premarket Update (Updated 6:30am eastern):
- US Futures are seeing moderate weakness ahead of the bell.
- Asian markets closed -0.3% lower.
- European markets are trading down about -1%.
Technical Outlook (S&P):