Economic Reports Due out (Times are EST): Employment Situation (8:30am), Treasury Strips (3pm)

Premarket Update (Updated 9am eastern):

  • Futures are moderately, and have managed to make an impressive rally off of its overnight lows (at one point as much as 15 points on the S&P).
  • Asian markets were mixed ranging from -0.9% up to +0.5%
  • Europe is down on average about -0.4% so far in early morning trading.

Technical Outlook (S&P):

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