As has been the routine lately, traders will be watching the latest weather forecasts and any news regarding Ukraine Wednesday. The U.S. Energy Department issues its weekly inventory report at 9:30 a.m. CST, including ethanol production. OPEC and other major oil producers meet Wednesday and are expected to stick to the plan of increasing oil production by 400,000 barrels per day. At 1 p.m., the Federal Reserve's Beige Book will be released.
Weather
A frontal boundary across the northern tier of the country will bring some isolated showers to some areas on Wednesday and showers will continue in the Pacific Northwest. But most of the country will be mild and dry for another day.