"I think everybody needs to acknowledge the fact that we are obviously going to be moving into a slower economic environment," Shannon Saccocia, chief investment officer at Boston Private Wealth, told CNBC's"Closing Bell."
"You need to get earnings growth from somewhere, and if it's not going to be a secular tailwind, like fiscal spend and monetary policy looseness, then you have to look for growth elsewhere. I think we're going to see some real nuance in trading over the course of the next three months or so as people look for that growth against this more challenging economic backdrop.
from the Strategic Petroleum Reserve. Up to 1 million barrels of oil per day will be released for the next six months. Other key indicators to watch out for include the ISM manufacturing index and the construction spending report, both of which will be released at 10 a.m. ET on Friday.