The ebb and flow of oil prices and the direction of the dollar could be important factors for stocks Tuesday, as traders also focus on a few earnings.
"We really go from catalyst-heavy to catalyst-light," said Art Hogan, chief market strategist at Wunderlich Securities. "Last week, we had 160 S&P 500 companies reporting. This week we've got none of that. ... It's a back-end loaded week in terms of data. … You tend to fall back to some of the macro things. More people are talking about the strong dollar and weak energy prices."
There are also a few data points Tuesday — the NFIB small business survey at 6 a.m. EDT, and wholesale trade and Job Openings and Labor Turnover Summary at 10 a.m. Earnings are expected from Credit Suisse, Lumber Liquidators, Dean Foods, Nokia, SodaStream, EchoStar and Norwegian Cruise Line before the bell. Disney, Electronic Arts, Nuance Communications, Ambac Financial and Planet Fitness report after the close.