Today's agenda is dominated by the Labor Department's October jobs report at 8:30 a.m. ET.
Economists forecast that non-farm payrolls grew by 235,000 last month, compared with September's 248,000 gain. The unemployment rate is expected to remain at 5.9 percent.
Most reports recently have shown a strong employment environment in the United States, so it's not clear how investors will react to the news. A weak number could make the dollar fall and boost commodity prices.
The weekend brings Chinese trade and inflation numbers.
Subsequent sessions are much quieter, with the calendar growing more active as next week progresses. There are no significant events next week until Wednesday, which starts with European industrial production and ends with earnings from technology companies Cisco Systems and NetApp.
Thursday features Chinese industrial production and retail sales, along with initial U.S. jobless claims. Wal-Mart Stores, Kohl's, and Viacom report in the morning, followed in the afternoon by Applied Materials and Nordstom.
Friday morning is busy, with European gross domestic product and monthly retail sales for the U.S. due in the pre0market and consumer sentiment shortly after the open.
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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.
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