Shutdown-delayed economic data is in focus, with retail sales and the producer-price index, both for September, due. The PPI will be among the last inflation readings the Federal Reserve sees before its rate decision next month. Rising expectations for a cut have kick-started markets in recent days.
Retail earnings are also slated, including from Best Buy and Kohl’s, which named a new CEO yesterday. So far this reporting season, chains including Walmart and T.J. Maxx parent TJX have logged strong results, suggesting a solid holiday shopping season ahead.
In recent trading:
The WSJ Dollar Index weakened. Japan’s yen strengthened.
Bitcoin prices held below $90,000.