in tech land, the market will look to get back on its feet. The
initial jobless claims
report is due out before the opening bell. This indicator should provide further clues as to the nature of Friday's
. The number of claims has risen 30% over the course of the last year.
As for earnings news, wholesale retailer
(COST - Get Report) issues its quarterly results today. According to research firm
Thomson Financial/First Call, analysts expect the company to post third-quarter earnings of 23 cents a share, which would be down 3 cents from the year-ago quarter.
Forecasts are from Reuters
. Times are Eastern. For a longer-term economic calendar and more, see TSC's
Initial jobless claims
for the week ended May 25. Source:
Forecast: 405,000. Previous: 407,000.
Four-week average: Forecast: n.a. Previous: 403,000.
for April. Source:
Forecast: n.a. Previous: 66.