Other data includes pending home sales and construction spending Monday; factory orders Tuesday; ADP employment and non-manufacturing ISM Wednesday; weekly jobless claims and productivity and costs Thursday, and wholesale trade and consumer credit Friday.
The Fed's meeting starts Tuesday and winds down Wednesday with a 2:15 p.m. statement. The European Central Bank and Bank of England also hold rate meetings Thursday.
Earnings Central
Some major companies are reporting in the week ahead, including several global auto makers, food giant Kraft and Cisco .
On Monday, Ford, Clorox, Humana, Loews, CNA, Sysco and Dean Foods report in the morning. Anadarko, Chesapeake Energy and Vulcan Materials report after the bell that day.
Tuesday's reports include Archer-Daniels, Emerson Electric, Cognizant, AmerisourceBergen, Rockwell Collins, Rowan Cos, MasterCard, Marvel Entertainment, Medco, Polo Ralph Lauren, Tenet Healthcare, Viacom and Vornado. Kraft, Pitney Bowes and Hartford Financial report after Tuesday's close.
Time Warner, Total, Automatic Data, Baker Hughes, Becton Dickinson, Comcast, Devin Energy, El Paso, Foster Wheeler, Marsh McLennan, Molson Coors, Nissan and Transocean release earnings Wednesday morning. Cisco, Allstate, Murphy Oil, News Corp and Whole Foods report after the bell that day.
On Thursday, Toyota, Cigna, CVS Caremark, MGM Mirage, Sara Lee, Thomson Reuters, Unilever, Dynegy, Dr. Pepper Snapple, Teradata, Kimco Realty and Nasdaq OMX report ahead of the bell. After the bell reports are expected from Starbucks, Public Storage, NVIDIA, CBS, International Game Technology, Activision Blizzard, Crocs and Vera Sign. Fortress, Mirant, Edison International and Smith and Nephew release numbers Friday.
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