All three major indexes shed about 1% last week.
Economic drivers: A smattering of reports on the state of the U.S. economy will drive markets this week.
Investors will get a look at the manufacturing sector, with empire manufacturing, industrial production, producer and consumer prices due out throughout the week.
The housing market will be in play, with housing starts, building permits and the National Association of Home Builders housing market report on tap.
Investors will also get a sense of how confident Americans are in the economy as retail sales and the Michigan sentiment report are released on Tuesday and Friday, respectively.
Corporate earnings: On top of the economic data, several major companies are set to report earnings this week, as well.
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.41%||4.44%|
|15 yr fixed||3.33%||3.31%|
|30 yr refi||4.39%||4.41%|
|15 yr refi||3.31%||3.30%|
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