Monday:

• At 8:30 AM ET, Retail sales for March will be released. The consensus is for retail sales to increase 0.8% in March, and to increase 0.4% ex-autos.

• At 10:00 AM, Manufacturing and Trade: Inventories and Sales (business inventories) report for February. The consensus is for a 0.5% increase in inventories.

• At 11:00 AM, CBO will release its updated 10-year baseline projections of federal spending, revenues, and budget deficits.