GDP, consumer sentiment on calendar

There are just two reports are on today's economic calendar, GDP and consumer sentiment.

GDP for the fourth quarter will be reported at 8:30 a.m. ET. The consensus forecast calls for a reading of 3.1 percent. Estimates range from a bearish 2.7 percent to a bullish 3.6 percent.

At 9:55 a.m. ET, the last number for January's reading of the Reuters/University of Michigan Consumer Sentiment Index will be released. The consensus expectation is 74, unchanged from the mid-month report. Estimates range from a bearish 71.5 to a bullish 77.5.

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