Peter Schacknow, Senior Producer, CNBC Breaking News DeskWall Street has not had a two-day losing streak in two weeks - but it's possible that could end today, with Eurozone debt jitters a key factor pushing futures lower right now.
Investors will also be looking at a number of key economic and earnings reports in the day ahead.
Three reports of note are out at 8:30am ET: October retail sales are seen rising 0.1 percent following a 1.1 percent increase in September.
The October Producer Price Index is expected to fall 0.1 percent, after the surprising 0.8 percent rise in September, with the core rate predicted to be up 0.1 percent following a 0.2 percent September increase.
We'll also get the monthly Empire State Survey, with that report's November reading expected at -1.5, a less negative reading than October's -8.48.
At 10am ET, economists are expecting September business inventories to be up by 0.1% after August's 0.5 percemt increase.
If you like Fed speeches, today is your day with no less than five Federal Reserve Bank Presidents scheduled for speeches: James Bullard (St.Louis), Charles Evans (Chicago), John Williams (San Francisco), Richard Fisher (Dallas), and Naryana Kocherlakota (Minneapolis).
Evans will also be guest hosting on today's Squawk On The Street starting at 11am ET.
It's a significant morning for retail earnings reports, led by Dow components Wal-Mart (WMT) and Home Depot (HD).
We'll also be seeing quarterly numbers from Staples (SPLS) and TJX (TJX) before the opening bell.
The focus shifts to tech after the bell, with Dell (DELL), Autodesk (ADSK), and Agilent (A) set to report quarterly numbers.
The Occupy Wall Street movement is in the spotlight this morning, with protesters being cleared out of New York's Zuccotti Park, with authorities saying the continued occupation posed a health and safety threat.
Many stocks make today's watch list following the quarterly filings yesterday by big investors detailing portfolio changes.
Among them: Appaloosa cutting stakes in Citigroup (C), Goodyear (GT), and Macy's (M), Greenlight Capital increasing holdings in Apple (AAPL) and General Motors (GM) while cutting Pfizer (PFE) and Microsoft (MSFT), Fairholme Capital cutting stakes in Goldman Sachs (GS) while taking new stakes in Verizon (VZ) and AT&T (T), and Paulson & Co. increasing its holdings in Bank of America (BAC) while taking a new stake in Wells Fargo (WFC).
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