Reports this week

MONDAY
Earnings: Before - Shaw ; After - Alcoa
Other: BP Spill Hearing in New Orleans, Campbell Soup Analyst Day, Senate Returns from July 4 Break, Earnings Season Officially Kicks off

TUESDAY
Earnings: Before - Infosys ; After - Intel, Yum Brands
Other: $35b of 3-year notes auctioned, Trade Balance, Treasury Budget, Baseball All-Star Game

WEDNESDAY
Earnings: Before - Jackson Hewitt, Progressive, Texas Industries ; After - Marriott
Other: $21B of 10-year notes auctioned, Export Prices, Import Prices, Retail Sales, Crude Inventories, FOMC Meetings

THURSDAY
Earnings: Before - JP Morgan, Novartis ;After - Advanced Micro, Google
Other: $13B of 10-year bonds auctioned, Continuing Claims, PPI, Initial Claims

FRIDAY
Earnings: Before - Bank of America, Citigroup, First Horizon, Gannett, General Electric, Mattel, Rockwell Collins
Other: Philadelphia Fed, CPI, Michigan Sentiment