New day, new offer.
They are now looking at $400k household income vs $250k with $1.2 trillion in new taxes and $1.22 trillion in spending reductions over 10 years,
European stocks are up and Asian markets closed mostly higher.
Oil is up, silver is up and gold is unchanged.
Earnings reports (estimates): ORCL-Oracle ($0.61), FDS-Factset Research (1.23), JEF-Jefferies Group (0.32).
0830 ET Q3 current account balance expected -$103.0 bln, Q2 -$117.4 bln.
1000 ET Dec NAHB housing market index expected +1 to 47, Nov +5 to 46.
1300 ET Treasury auction of $35 bln in 5-year T-notes.
1315 ET Dallas Fed President Richard Fisher speaks in Gainesville, Texas on the U.S. economy.
1630 ET API weekly U.S. oil statistics.