Investors will focus on this week's batch of Q3 earnings reports and forward earnings guidance from Corporate America. They'll also be watching interest rates which might be buffeted by more loose lips on the "Federal Open Mouth Committee." The FOMC's blackout period doesn't start until Friday.
The only inflation news this week will be included in October's regional business surveys provided by the Federal Reserve Banks of NY (Mon.) and Philly (Thu.). Both are also likely to show that manufacturing remained weak this month. September's industrial production comes out on Tuesday.