Market Insider

After turbulence, traders could stay close to home in week ahead

Traders work on the floor of the New York Stock Exchange.
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The stock market could turn back to domestic matters in the coming week, and some strategists say it may like what it sees.

After days of dodging foreign headlines on the tanking Chinese stock market and Greece's difficult debt talks, traders will get a heavy dose of Fed speak, corporate earnings and U.S. economic data. The U.S. central bank's chair, Janet Yellen, testifies twice before Congress in her semiannual appearance on the economy, going before House and Senate committees Wednesday and Thursday, respectively.

"Everyone knows (Yellen) is dovish. Greece is on the back burner. China, who knows? It's all about the earnings now," said Peter Boockvar, market strategist at Lindsey Group.