What to Look for This Week
The U.S. markets kick off the first earnings season of the New Year as aluminum giant Alcoa announces earnings on Tuesday. Agricultural leader Monsanto and banking favorite Wells Fargo are also schedule to announce earnings in what is set to be a very quiet week of earnings.
News Affecting the Markets
Economic Data this Week
No major announcements scheduled.
Crude Inventories @ 10:30 PM for 01/05 (Est. = n/a, Prior = -11.1M)
Continuing Claims @ 8:30 AM for 12/29 (Est. = 3200K, Prior = 3245K)
Wholesale Inventories @ 10:00 AM for November (Est. = 0.1% to 0.2%, Prior = 0.6%)
Natural Gas Inventories @ 10:30 AM for 01/05 (Est. = n/a, Prior = -135)