Credit: Shutterstock photoToday's calendar focuses on the consumer and European growth.
German and Eurozone gross domestic product are due early in the session.
The Commerce Department reports October retail sales at 8:30 a.m. ET. Economists are looking for a 0.3 percent increase overall and 0.4 percent excluding autos. That would compare with a 0.1 percent gain and a 0.3 percent drop, respectively, in the previous month.
Producer prices, due at the same time, are expected to rise 0.1 percent both overall and excluding food and energy.
The University of Michigan's consumer-sentiment gauge follows at 10 a.m. ET. Forecasters are looking for a reading of 92, up from 90 in October.
Natural-gas inventories come next at 10:30 a.m. ET. J.C. Penney and Tyco announce results as well.
Next week brings a mix of reports, including several broad measures of industrial activity. Retailers lead the earnings lineup.
Monday the New York Federal reserve's Empire manufacturing index and European inflation. JD.com announces results in the morning, and Urban Outfitters is scheduled for the afternoon.
Tuesday's agenda features Germany's Zew economic-sentiment survey, U.S. consumer prices, industrial production, capacity utilization, and NAHB's home-price index. Home Depot, Wal-Mart, TJX, and Dicks Sporting issue numbers in the pre-market. Vishop is slated for the post-market.
Wednesday's calendar includes mortgage applications, housing starts, building permits, crude-oil inventories, and minutes from the last Fed meeting. Lowe's, Target and Staples report in the morning. Salesforce.com, L Brands, Ntap, and Ctrip.com follow after the close.
Thursday brings initial jobless claims, the Philadelphia Fed's regional activity index and natural-gas inventories. Best Buy is the main company before the opening bell. Gap, Ross Stores, Splunk, and Autodesk report in the afternoon.
The week concludes with results from Foot Locker and Abercrombie & Fitch Friday morning.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
