Wednesday:

• At 7:00 AM ET, the Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:30 AM, the Consumer Price Index for August from the BLS. The consensus is for a 0.1% decrease in CPI, and a 0.2% increase in core CPI.

• At 10:00 AM, the September NAHB homebuilder survey. The consensus is for a reading of 61, unchanged from August. Any number above 50 indicates that more builders view sales conditions as good than poor.