President Obama will meet with seven leaders in Brussels to discuss the Ukraine crisis and Iran’s nuclear program. Back in the States traders will be focused on key first week of the month data including, the ADP Employment Report, Non-Farm Payrolls and a slew of Manufacturing Data. Even though the earnings calendar is light, investors will want to pay attention to PVH Corp for a read on the consumer and S.J. Smuckers for industry commentary following the bids for Hillshire Farms. The food space could be in play as Jim Cramer mentioned on CNBC's Mad Money segment Thursday night.

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