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Company news, politics on agenda

David Russell (david.russell@optionmonster.com)

This week's calendar focuses on company news, but the political scene in Washington will likely remain a key concern.

The first item today comes from across the Atlantic, where the Eurozone will report economic growth numbers early in the session. Later in the evening, after the closing bell, China will release service-sector data.

Tuesday features German trade and manufacturing data early, plus quarterly results from Alcoa and Yum Brands after the closing bell.

Earnings reports keep flowing Wednesday morning, with numbers from Costco, Fastenal, and Family Dollar. The Federal Reserve will also release minutes from its last meeting in the afternoon.

Thursday brings monthly same-store sales from retailers. Micron Technology and Safeway report in the evening.

Large financial names report on Friday, with JP Morgan and Wells Fargo on the agenda. Consumer- sentiment data will also be announced.

Several regularly scheduled data releases from the government are delayed because of the federal shutdown. News regarding the stalemate could affect sentiment. Furthermore, if offices reopen, economic reports from last week such as the key non-farm payrolls report could be added to the calendar.

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