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S+P 500 futures lower this morning

As the details of the US FOMC meeting minutes were released yesterday evening an update here noted the price action in the broader US stock market. That update focused on the S+P 500 and it was suggested the index was pushing a little higher into the close. Well, it did maintain that rebound and later managed to forge out a modestly higher daily close, at 5,918.25. That 9.22 point higher close was of no technical consequence though. The lower closes across the Asian markets today, led by Japan is not helping the opening outlook for the S+P later today. The index is right now priced to reopen below 5,900, but of course that will chop and change as he day unfolds. However, all the time the 6k handle caps the topside there is the prospect of a deeper relapse to come ahead of the US jobs report tomorrow. The S+P 500 is right now priced to reopen around 5,896
 

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