Wednesday's only official report starts early as December U.S. housing starts are set for 7:30 a.m. CST. Traders will keep close watch over the latest weather forecasts and any news of an export sale. The Energy Department's weekly inventory report is due out Thursday, due to Monday's holiday.
Weather
An arctic cold front continues to push southeast through the country on Wednesday. It is going to pick up some moisture from the Gulf of Mexico today with scattered showers developing for the Delta and Midsouth regions, which may include some snow tonight. Cold air continues to build in behind the front across the Plains and Midwest with another brief arctic chill.