Economic Data Scheduled For Wednesday

• The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
• Data on wholesale inventories for December will be released at 10:00 a.m. ET. Analysts expect wholesale inventories rising 2% in December.
• The Energy Information Administration’s weekly report on petroleum inventories in the U.S. is scheduled for release at 10:30 a.m. ET.
• Federal Reserve Governor Michelle Bowman is set to speak at 10:30 a.m. ET.
• Federal Reserve Bank of Cleveland President Loretta Mester will speak at 12:00 p.m. ET.
• The Treasury is set to auction 10-year notes at 1:00 p.m. ET.

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Check out the full economic calendar here