U.S. stock futures were up marginally this morning. Corporate news is light again today and the economic data scheduled for today will not likely move the markets.
The MBA mortgage application index rose 6.3% last week to its highest level since May, while the refinance index slipped 3.1%. The average 30-year mortgage rate rose 7 basis points in the week to end at 4.50%. The Fed’s Beige Book, a snapshot of regional economic conditions, comes out later in the day.
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