Industrial production only item on tap

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Industrial production is the only economic release on today's calendar.

The Federal Reserve will issue the report at 9:15 a.m. ET. Economists expect an increase of 0.1 percent for the month of October, down from 0.4 percent in September. Capacity utilization is also expected to remain unchanged at 78.3 percent.

Given that this release is relatively old, it usually has little impact on sentiment.

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