Early indications suggest that Wall Street may attempt to bounce back from last week’s declines despite commodities continuing their downward spiral. Earlier in the global trading day, Asian stocks closed mostly lower, although the Shanghai Composite, the key average of China, rallied sharply amid the release of some strong domestic data for November and the yuan hitting 4-1/2 year lows on China seeking to loosen its peg to the dollar. The European markets are also emerging from last week’s slump. In the absence of any major domestic economic news, the focus is likely to be on Wednesday’s Fed decision, the direction of commodity prices and M&A news, if any.