Looking Ahead: Tuesday's Economic Data
Traders can expect to see a variety of major economic data releases on Tuesday.
The Producer Price Index (PPI) and Advance Retail Sales will start it off at 8:30 am ET. Expectations are for 0.2% for PPI and 0.3% for Advance Retail Sales. PPI ex food and energy is anticipated to come in at 0.2%, while Retail Sales less autos is expected to come in at 0.4%.
At 10:00 am ET, Business Inventories will be reported -- analysts are expecting 0.2%.
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