Quiet calendar through New Year

By David Russell,

Shutterstock photo

Natural-gas and crude-oil inventories are the only items on today's agenda.

Gas inventories come out at 10:30 a.m. ET, and oil supplies follow an hour later. Both reports show weekly changes in stockpiles and have the potential to affect prices for the commodities and producing companies.

Next week starts quietly and is interrupted by New Year's Day on Wednesday.

Monday brings pending home sales, and Tuesday's only item is the Case Shiller index of house prices.

Thursday is busier as global manufacturing numbers flow. China announces its purchasing managers index late Wednesday night, and similar European numbers follow early the next day. The Institute for Supply Management releases its key index for the United States later on Thursday.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.

This article appears in: Investing Options
Referenced Stocks: SPX

More from optionMONSTER




Follow on:

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com