Earnings season takes a little bit of a breather today as fewer companies report earnings -- a much-needed break after a week-long marathon.
Today's not-so-flashy lineup features
Edison has been busy racking up billions of dollars in debt as the California energy crisis worsens. The utility company could be facing bankruptcy if the situation continues on a downward spiral.
traded up 1.4% to finish at an even $9 yesterday.
In economic news, the
Consumer Sentiment Index and
International Trade reports are due out today. The CSI, along with other confidence measures, is used to gauge consumer moods. The
has very little impact on the market, serving as the
Potsie Weber of economic indicators.
Expected Earnings Reports
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 8:30 a.m.:
International Trade for November. Source:
Commerce Department. Forecast: -$33.94B. Previous: $33.18B.
Consumer Sentiment Index for December. Source: University of Michigan. Forecast: 99. Previous: 98.4.