Economic Reports Due out (Times are EST): MBA Purchase Applications (7am), Current Account (8:30am), Import and Export Prices (8:30am), Bernanke Speaks (9am), EIA Petroleum Status Report (10:30am)

Premarket Update (Updated 8:30am eastern):

  • US Futures are looking at a flat open to start things off.
  • Asian markets saw mixed returns from -0.2% up +1.5%.
  • European markets are up on average 0.8% right now.

Technical Outlook (S&P):

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