Economic Reports Due out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), Treasury STRIPS (3pm)

Premarket Update (Updated 6:30am eastern):

  • US Futures are down strong, nearly -1%
  • Asian markets saw losses range from -0.6% down to -2.1%.
  • European markets are trading -1.5% lower.

Technical Outlook (S&P):

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