The day ahead: Wednesday


Consumer prices are forecast to have risen 0.2 percent in October, unchanged from the mild rise seen in September. Housing starts are expected to edge higher.

Other Highlights:

*  Limited Brands, operator of the Victoria’s Secret and Bath & Body Works chains, is set to post a third-quarter loss, having struggled with sales of what are seen as non-necessities.

*  BJ’s Wholesale Club is forecast to report lower profit as it contends with falling food prices and lackluster demand for its general merchandise.

The day ahead: Thursday


Investors will eye FedEx and Palm quarterly results for signs of strength as well as data from the housing sector.

*  FedEx reports fiscal first-quarter earnings before the bell. The package delivery giant is expected to benefit from stabilizing freight volumes as well as lower fuel prices.