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Quiet calendar through New Year

By: optionMONSTER
Posted: 12/27/2013 4:14:00 AM
Referenced Stocks: SPX

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.