Germany came up with some weal economic news and this has rattled the European markets. Germany is of course a leading producer on the world stage and so this news drags on the larger world economic recovery.
Data on housing and consumer confidence comes out this morning and this will excite or frustrate the equities markets.
Wednesday is the big day when Bernanke goes before Congress. This is where all investment ears will be tuned as Bernanke gives information on the health of the economy and how the Fed will handle its interest rate structure.
Hopefully investors will keep a lid on it today.
CNN: Stocks set to stumble
The S&P/Case-Shiller home price index comes out at 9 a.m. ET. That's followed by a report on consumer confidence at 10 a.m. ET.Reuters: Stock futures fall after German business index drops
...a key index of German business sentiment fell unexpectedly...
Home Depot swung to a fourth-quarter profit versus a loss a year ago.
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