A.M. Update

S&P futures are down -0.3%, NASDAQ-100 down -0.4% and Russell 2000 -0.65%. I suspect the weaker tone is another manifestation of the week’s dull tone – investors not wanting to take on new positions ahead of the PCE Index. Q4 GDP was revised to 3.2% in the second estimate from 3.3% in the first estimate….

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