No major economic reports are on tap this morning, but there are two pieces of data which usually draw some market interest.The Empire State Manufacturing Index – a measure of manufacturing activity in New York State – is out at 8:30 am New York time, while the National Association of Home Builders issues its Housing Market Index at 1 pm, measuring sentiment in the home building industry.

We’ll also see some numbers that don’t usually draw the spotlight but nonetheless have the potential to be influential: the Treasury issues its so-called “TIC” data at 9 am, which reflect exactly how much investment money is flowing into – or out of – the United States.Throughout the day, credit card issuers will be out with their monthly “master trust” data, which provide up-to-date numbers on delinquencies for each issuer.

Health care stocks could be worth watching, as the Obama Administration signals that it may be ready to give up the idea of a public option for people seeking health insurance.