The calendar is nearly empty in today’s session. The Eurogroup meeting at 1600 GMT is the first one in months where an imminent crisis wasn’t hanging over proceedings. Leaders are expected to sign off on the Greek bailout but comments about programs in Spain and Portugal are more likely to move the market.

At 1900 GMT, the Treasury Department releases its monthly budget data for February with a $229.4 billion deficit expected after a -$27.4 billion reading in January.