The private firm, ADP, reports on private sector job growth in January at 7:15 a.m. CST Wednesday, a possible tip as to how Friday's employment statistics will look. The U.S. Energy Department's weekly inventory report is due out at 9:30 a.m., including ethanol production. Traders continue to watch the latest weather forecasts and for any news about an export sale or events pertaining to Ukraine.
WeatherA stalled boundary from the Southern Plains through the eastern Midwest is the focus for a large-scale winter storm event that continues on Wednesday. Moderate to heavy snow, sleet, and freezing rain are all found north of the front which will inch southward of the course of the day. While one pulse of energy currently along the front pushes northeast through the day, another will build across the Southern Plains later Wednesday and Wednesday night. Arctic cold air continues to build behind the front with wind chill advisories across a vast area of the Plains and Upper Midwest.