Wednesday:

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

• At 8:15 AM, the ADP Employment Report for October. This report is for private payrolls only (no government). The consensus is for 185,000 payroll jobs added in October, down from 200,000 in September.

• At 8:30 AM, the Trade Balance report for September from the Census Bureau. The consensus is for the U.S. trade deficit to be at $41.1 billion in September from $48.3 billion in August.

• At 10:00 AM, the ISM non-Manufacturing Index for October. The consensus is for index to decrease to 56.7 from 56.9 in September.