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US Futures are Higher as Mortgage Applications Bounce from Recent Weakness

US futures are higher as mortgage applications bounce from recent weakness.  The Mortgage Bankers’ Association reported that applications for mortgages rose 10% last week, bouncing from 3 straight weeks of declines.  European shares are being led higher by bank shares as Santander agreed to buy Banco Popular.  Asian shares closed mixed as investors were cautious with several potential global catalysts on Thursday.

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