UNDATED (AP) - Traders are anxiously awaiting the weekly jobless report from the Labor Department which is due out this morning. Also from Washington today, mortgage giant Freddie Mac will release the weekly mortgage rates, and Treasury Secretary Jack Lew will testify before a House Appropriations subcommittee on the president's budget proposal.
There are a number of financial reports today that could drive the market. 3M, Dow and Exxon Mobil report their quarterly financial results. In the airline sector, Southwest and United Continental report. Also set to report their quarterlies today are Starbucks and Unilever, the multinational consumer products maker.
How United Parcel Services fared during the last quarter could give investors an insight into business shipping.
And today, Europe's most powerful economy, Germany, will release its updated growth forecast.