Stocks are poised to open lower as investors await a speech by President Obama about financial services reform. Today is also the anniversary of the Lehman Brothers collapse, which could weigh in on investors.
There is no economic data scheduled for today, but tomorrow we will get information on retail sales, business inventories, producer prices, and regional manufacturing. On Wednesday we will get a look at the CPI, industrial production, and a housing market index. The weekly jobless claims and housing starts are scheduled for release Thursday. There will be no information Friday, but there could be increased volatility with the expiration of options.
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