Other than a January index of U.S. homebuilder activity at 9 a.m. CST, there are no official reports scheduled for Wednesday, the day of inauguration for the next U.S. president, Joe Biden. Traders will continue to watch the latest forecasts and any export news that surfaces. Wednesday's usual energy inventory reports are due out Friday.
Weather
Dry conditions are in store across the central and northern U.S. Wednesday. Precipitation will focus in southwestern Texas with areas of rain and some snow. Temperatures will be seasonal to above normal.