Upcoming S&P 500 Earnings Release: Tiffany & Co. (TIF), the world's premier jeweler and America's house of design, will release its earnings before the bell. Important Data: USA: CB Consumer Confidence, released byThe Conference Board Inc., measures the level of a composite index based on surveyed households. It is a leading indicator of consumer spending, which accounts for a majority of overall economic activity. Europe: German Ifo Business Climate, released by Ifo Institute for Economic Research, measures the level of a composite index based on surveyed manufacturers, builders, wholesalers, and retailers. This survey is highly respected due to its large sample size and historic correlation with German and wider Eurozone economic conditions.It's a leading indicator of economic health.