US Futures are Slightly Lower This Morning as the Two Day Rally Slows Down

US futures are slightly lower this morning as the two day rally slows down.  All 3 major indices are trading around all-time highs following this week’s two day rally.  In economic data, mortgage applications rose 10% and PPI rose just 0.2% which was below estimates.  Markets in Asia closed mostly higher led by the Nikkei.  European markets are trading mixed with the FTSE lower while the DAX and the CAC are trading slightly higher.        

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