Homebuilder data is the only economic report on today's economic calendar.
The National Association of Home Builders will release its sentiment index at 10 a.m. ET. Economists expect a reading of 47, up from 46 in November. A strong number could lift homebuilder stocks, while a weak result could hurt sentiment toward the sector.
Another big event occurs after the bell when software giant Oracle reports quarterly earnings.
More From optionMONSTER
- Politics & Government