Stock futures point to a lower start for the week after the major indices ended last week at their highest level in more than two years.
Economic data is light this week and there are no major releases scheduled Monday or Tuesday. On Wednesday, reports on mortgage applications, international trade, and the Treasury budget will be released. The weekly jobless claims report will also be released on Wednesday this week because the bond market is closed on Thursday for Veteran’s Day. And on Friday, will see a report on consumer sentiment.