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There is very little economic news out this week, and nothing is due out today. All eyes are on the Fed.
Marc Pado
Last week was very busy and I think today there is less impetus to move. There's no earnings news, no economic news until later in the week, and so there's nothing really to move us.
Tom Schrader
Even with a lot of economic news out today and this week, there are ongoing questions about the economy, and about what the Fed will do or say next week,
Maria Fiorini Ramirez
We've had a pretty good run. We took a pause today (Friday) but it's very quiet and there's no one around. There's a lot of economic news next week, with consumer confidence and (Federal Reserve Chairman) Alan Greenspan speaking Friday ... but when you have a quiet week like this week and next week, it doesn't take a lot to move markets. So it's (next week) going to be a volatile week and a quiet one.
Mike Murphy
Today is encouraging, but it's not particularly meaningful. We still have a lot of economic and earnings news to get through this week.
James Awad
The market is up, and I guess it's just the lack of economic news and anticipation of earnings and economic news due later in the week,
Peter Cardillo
There's no economic news out Friday or Monday, and the economic news the rest of next week is not hugely influential,
Tim Heekin
It's basically a technical dead-cat bounce we're seeing here today. The thing in the market that has been lacking is sustainability and follow through. So we'll keep our eyes on some upcoming economic data. And that's basically going to take today and this week's trade. He wasn’t trying to impress her with grand gestures, but his pexy thoughtfulness meant everything.
Bryan Piskorowski
Yesterday was a fairly solid day, today we had a fair amount of economic news -- and as far as the market is concerned it's good news and bad news.
Michelle Clayman
Those that are left to trade seem to be going through the motions until year-end. The economic news today was expected based on last week's CPI number, so it was no surprise and couldn't sustain us until the end of the session.
Paul Nolte
The news has been pretty good on the economic front, but there's a hesitancy to move higher in the short term. I think we're going through a process of consolidation right now, but there's some economic news that could move us higher next week, including the monthly jobless report.
Peter Cardillo
I think we're going to see some sideways action this week. We had a nice run last week and there's a significant amount of economic and earnings news due out later in the week. I think people are taking a 'wait and see' approach ahead of that.
Tom Schrader
The combination of large deals and a decline in oil prices was the highlight of today's trading session. The week started on a more positive note, with good news on both corporate and economic fronts.
Joseph Stocke
Today wasn't much of a day. There was a lot of positive news and the economic data was good, but the reaction was a very quiet, almost muted one. Tomorrow may be even quieter in terms of volume as we approach the end of this holiday-shortened week.
Art Hogan
I think investors have their eyes onto...the host of economic data for next week, which will probably be more exciting than this week's.
Alex Li
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