The day ahead: Thursday
* Auto sales probably fell in September back to the nearly three-decade lows of early 2009 without government incentives to spur buying.
* Data on personal spending is due. Economists estimated that U.S. personal income rose just 0.1 percent in August after being flat in July and that personal spending jumped 1.1 percent after a 0.2 percent July increase.
* Additional data includes: pending home sales, ISM manufacturing index and initial jobless claims.
* Federal Reserve Chairman Ben Bernanke testifies on financial regulatory reform before the House Financial Services Committee.
* Reuters Restructuring Summit in New York and London features interviews with Barclay’s Capital Managing Director and Head of the Global Restructuring and Finance Group Mark Shapiro and AlixPartners Vice Chairman Al Koch.