A.M. Update

S&P futures are down -0.3% and NASDAQ-100 down -0.6% ahead of Nvidia’s earnings after the close today. The Minutes from the January 30-31 FOMC meeting will be released at 2:00 ET today, which are not expected to contain anything too surprising. Earlier, the weekly MBA Mortgage Applications Index sank 10.6% after last week’s 2.3% decline….

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