by Calculated Risk on 3/16/2014 08:05:00 PM

Monday:
• At 8:30 AM ET, the NY Fed Empire State Manufacturing Survey for March. The consensus is for a reading of 6.5, up from 4.5 in February (above zero is expansion).

• At 9:15 AM, the Fed will release Industrial Production and Capacity Utilization for February. The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to 78.6%.

• At 10:00 AM, the March NAHB homebuilder survey. The consensus is for a reading of 50, up from 46 in February. Any number above 50 indicates that more builders view sales conditions as good than poor.

Weekend:
• Schedule for Week of March 16th

• FOMC Preview: More Tapering, Change to Guidance

From CNBC: Pre-Market Data and Bloomberg futures: the S&P futures are down 3 and DOW futures are down 33 (fair value).

Oil prices are down with WTI futures at $99.11 per barrel and Brent at $108.21 per barrel.

Below is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are around $3.50 per gallon (up sharply over the last month, but still down from the same week a year ago).  If you click on "show crude oil prices", the graph displays oil prices for WTI, not Brent; gasoline prices in most of the U.S. are impacted more by Brent prices.

Orange County Historical Gas Price Charts Provided by GasBuddy.com