Tuesday:

• At 6:00 AM ET, NFIB Small Business Optimism Index for January.



• At 8:30 AM, Trade Balance report for December from the Census Bureau. The consensus is for the U.S. trade deficit to be at $44.9 billion in December from $45.2 billion in November.



• At 10:00 AM, Job Openings and Labor Turnover Survey for December from the BLS. Jobs openings increased in November to 5.522 million from 5.451 million in October. The number of job openings (yellow) were up 6% year-over-year, and Quits were up 7% year-over-year.



• At 3:00 PM, Consumer credit from the Federal Reserve. The consensus is for a $20.0 billion increase in credit.