Dow turns positive as oil prices reverse following surprise inventories drawdown – CNBC

On tap this week:

Wednesday

Earnings: Samsung Electronics, Tesla Motors, Texas Instruments, F5 Networks, Arch Capital, Murphy Oil, Newmont Mining, NXP Semiconductor, Public Storage, Suncor, VMWare, Western Digital, Whiting Petroleum, Buffalo Wild Wings, Cheesecake Factory, Extra Space Storage, Groupon, Rent-a-Center, Shutterfly, Raymond James

9:45 a.m.: Markit services PMI

10 a.m.: New home sales

1 p.m.: $ 34 billion five-year Treasury note auction

Thursday

Earnings:

BTB: Barclays, Bristol-Myers Squibb, Celgene, Colgate-Palmolive, ConocoPhillips, Deutsche Bank, Dow Chemical, Ford, UPS, Volkswagen, Aetna, Alexion Pharma, Autoliv, Blackstone, Borg Warner, CBRE Group, CME Group, Dr. Pepper Snapple, Gannett, International Paper, Invesco, L-3 Communications, Marathon Petroleum, National Oilwell Varco, Nokia, Nomura Holdings, Potash, Praxair, Raytheon, Sirius XM Radio, Stanley Black & Decker, T. Rowe Price, Thermo Fisher, Brunswick, Cabela’s, Cliffs Natural Resources, GNC Holdings, Lazard, Old Dominion Freight Line, Pinnacle Foods, Sealed Air

ATB: Alphabet, Amazon.com, Baidu, Amgen, Deckers Outdoor, Aflac, Digital Realty Trust, Cirrus Logic, Columbia Sportswear, Cypress Semiconductor, Eldorado Gold, Flex, Fortinet, Federated Investors, VeriSign, Yamana Gold

8:30 a.m.: Jobless claims

8:30 a.m.: Durable goods

10 a.m.: Pending home sales

10 a.m.: Housing vacancies

11 a.m.: Kansas City Fed Survey

1 p.m.: $ 28 billion seven-year Treasury note auction

Friday

Earnings: Chevron, Exxon Mobil, A-B InBev, MasterCard, AbbVie, UBS, Ambev, BNP Paribas, Sanofi, AutoNation, Cabot Oil & Gas, Hershey, Phillips 66, Shire, Weyerhaeuser, Xerox, Apollo Global Management, Bloomin’ Brands, CBOE Holdings, Legg Mason, Oaktree Capital, Tenneco

8:30 a.m.: Q3 GDP, advance

8:30 a.m.: Employment cost index

10 a.m.: Consumer sentiment

*All times Eastern. Planner subject to change.