Bank earnings, retail sales on docket
David Russell | david.russell@optionmonster.com
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This week's calendar focuses on bank earnings and a handful of important economic releases.
The mains items today are Morgan Stanley's quarterly results, plus Eurozone industrial-production data.
Tomorrow features monthly retail-sales data from the Commerce Department, plus quarterly results from homebuilder Lennar. Of all the economic releases, retail sales are most likely to affect market sentiment.
Wednesday begins with earnings announcements from Goldman Sachs and JP Morgan, with the Federal Reserve's Beige Book report scheduled for the afternoon.
Thursday brings quarterly results from Citigroup and Bank of America, plus weekly jobless claims and December housing starts. Semiconductor giant Intel reports numbers after the bell.
The week concludes with two potentially important headlines: General Electric's earnings before the bell and consumer-sentiment data early in the trading session.
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