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At 8:30 AM EDT the Employment Situation report for October will be announced, and the consensus for non-farm payrolls is an increase of 60,000 jobs compared to a loss of 95,000 in September, the consensus for the unemployment rate is that it will remain at 9.6%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.2 hours.

At 10:00 AM EDT,the value of the pending home sales index for September will be announced.

At 2:00 PM EDT, Ben Bernanke will speak to college students at Jacksonville University.

At 3:00 PM EDT, the Consumer Credit report for September will be released.  The consensus estimate is that there will be an decrease of $3 billion in the consumer credit available from August to September, which would be the eighth month of declines in a row.

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