Today's economic calendar is uneventful, with only two
relatively inconsequential reports on the agenda.
MBA will release weekly mortgage-loan data at 7 a.m. ET, followed
by crude-oil inventories at 10:30 a.m. ET. Neither release has had
a big impact on sentiment in recent weeks. Attention may instead
focus on the possibility of military conflict with Syria or the
future of Federal Reserve monetary policy.
Tomorrow is more active, featuring European industrial production
and initial jobless claims. Kroger and Lululemon Athletica also
report earnings before the opening bell.
Friday's numbers are potentially more important: monthly retail
sales and consumer sentiment.
Next week brings earnings from Adobe Systems on Tuesday. Housing
starts and the Federal Reserve's interest rate decision come the
next day, along with results from FedEx and Oracle.
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