Stay tuned today for the fed funds rate announcement from the Federal Open Market Committee. The FOMC is expected to raise the rate by a quarter-point to 6% -- its highest level since 1995. Elsewhere in the marketplace, look out for an earnings announcement from Micron Technology (MU) - Get Report and a host of lockup expirations.

Expected Earnings Report


This table includes an S&P 500 company only. Date is as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar


Economic Data


Forecasts are from


. Times are Eastern. For a longer-term economic calendar and more, see


Economic Databank.


  • 8:30 a.m.:International trade for January. Source: Commerce Department. Forecast: N/A. Previous: -$25.549 billion.
  • 9 a.m.:Federal Open Market Committee meeting. Source: Federal Reserve. An announcement on any rate decision -- almost sure to be a 25-basis-point increase in the target fed funds rate -- is expected around 2:15 p.m.
  • 9 a.m.:BTM/Schroder Weekly Chain Store Sales Index for the week ended March 18. Source: Schroder. Forecast: N/A. Previous: +0.4%.
  • 10:30 a.m.:Redbook Retail Average for the month through March 18, vs. February. Source: LJR Redbook. Forecast: N/A. Previous: unchgd. for the first two weeks of March, compared with February.

IPO Lockups Expiring


Ben Holmes, who heads

TSC's subsidiary, keeps a close eye on lockup expirations every week. For more on lockups and why they matter, check out Holmes' primer on the subject.


Lockup End

Deal Name


Lead Underwriter




Goldman Sachs



Bear Stearns



Deutsche Banc Alex. Brown