A report on U.S. retail sales for October is due out at 7:30 a.m. CDT Wednesday, followed by the Fed's report on October industrial production at 8:15 a.m. The U.S. Energy Department's weekly inventory report is set for 9:30 a.m. and includes ethanol production. Traders will continue to closely watch news events from Ukraine, as well as the latest weather forecasts.
Weather
A system is moving through the Northeast with a batch of heavy snow. A trough over the middle of the country continues to produce light snow across the Midwest. And another push of cold air coming down from Canada is leading to light snows for the Northern Plains. Some of those snows could be heavier closer to the Rockies tonight and come with some breezy winds as well. Meanwhile, below normal temperatures have largely enveloped the entire U.S.