The market is also more likely to be driven by events outside the U.S. than within in the coming week. There is little U.S. data, with import prices and trade the biggest items. But the European Central Bank's Thursday meeting has been looming large over world markets for weeks. Traders expect the central bank to offer a new dose of stimulus and possibly even more negative, negative yields.
There are also Chinese foreign reserves data Monday, trade data Tuesday and inflation data Thursday, as the Chinese National People's Congress meets.