Bernanke remarks dominate calendar
David Russell | [email protected]
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.