Bernanke remarks dominate calendar
David Russell | email@example.com
Today's main event is Ben Bernanke's visit to Capitol Hill.
Traders are likely to monitor the Federal Reserve chairman's comments carefully for clues on a potential reduction in monetary stimulus. His appearance begins at 10 a.m. ET.
There are other headlines in the session. The Mortgage Bankers Association reports weekly home-loan applications at 7 a.m. ET, followed three hours later by existing home sales for April.
Weekly crude-oil inventories come out at 10:30 a.m. ET, and the Fed will release minutes from its last meeting at 2 p.m. ET.
The overnight session will also be busy, with manufacturing data expected from China, Germany, France, and the Eurozone before trading resumes in the United States Thursday morning.
Rundown of trades in financial sector
February 4, 2016
Financials have struggled since mid-January, with mixed options activity. Here's a list of noteworthy trades in the sector.
Big trade bets on bounce in financials
January 25, 2016
The SPDR Financial Fund is down 10 percent in the last month, but a large call purchase is looking for a bounce this week.
Financials get short-term upside bets
January 13, 2016
The SPDR Financial Fund is down 7 percent in the last month, but traders are looking for a quick pop by the end of next week.
How traders are playing the financials
January 12, 2016
Below is a list of noteworthy option activity for members of the SPDR Financial Fund as earning approach.