A report on U.S. personal incomes and consumer spending in September will be out at 7:30 a.m. Friday, the same time as the personal consumer expenditures index for September, the Federal Reserve's preferred inflation indicator. Traders continue to keep a close watch on South American weather as row crop planting progresses.
Weather
A cold front is starting to move south and east through the middle of the country and that is bringing some very cold air into the Plains and western Midwest. The front will light up with areas of showers and thunderstorms from Texas to the Great Lakes throughout the day, which could be heavy again in Texas. Winds behind the front are breezy.