Morning Market Update for 2/11/19

market update

-Mortgages are starting the week off in negative territory by 2 ticks after creeping slightly higher on Friday. After the rally that took place in the back end of 2018, mortgages have settled in to a holding pattern as they wait for their next big move.   

-U.S. stock futures were higher this morning, sparked in part by hopes for a China trade deal as talks resume this week. A losing session for most of Friday was largely wiped out with a late surge, allowing the Dow and Nasdaq to post their seven straight weekly gains.

-There are no economic numbers on the calendar for today.

 

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