On Tap Today: Oracle Reports After the Close, PPI Released This Morning

Headlining today's economic events is November's Producer Price Index. A measure of the change in prices received by domestic producers, the index is a key inflationary gauge and has the potential to move markets. The core component of the PPI, which excludes the often-volatile food and energy sectors, is expected to decrease from October's report.

On the earnings front, technology giant

Oracle

(ORCL) - Get Free Report

and retailer

Costco

(COST) - Get Free Report

report results.

Expected Earnings Reports

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.

Economic Data

(

Forecasts are from

Reuters

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

TSC's

Economic Databank.

)

8:30 a.m.: Producer Price Index for November. Source: Labor Department. Forecast: +0.1%. Previous: +0.4%. Ex-food and energy: Forecast: +0.2%. Previous: +0.2%.
8:30 a.m.: Initial Jobless Claims for the week ended Saturday. Source: Labor Department. Forecast: 349,000. Previous: 352,000. Four-week average: Forecast: n.a. Previous: 345,250.
8:30 a.m.: Business inventories for October. Source: Census Bureau. Forecast: 0.4%. Previous: +0.1%.
11 a.m.: Treasury buyback. Source: Treasury Department. The Treasury buys securities specified yesterday from dealers.