Mortgage applications and oil inventories are the only events on today's agenda.
MBA will release the loan data at 7 a.m. ET, and the Energy Department will announce the change in energy stockpiles at 10:30 a.m. ET. Both reports come every week and generally have little impact on trading.
The calendar is more active tomorrow, with retail sales and weekly jobless claims scheduled for 8:30 a.m. ET. Consumer sentiment will be reported on Friday.
The schedule accelerates next week, with the Federal Reserve's interest-rate announcement, European economic data, and regional Fed reports.
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