June Chicago PMI due up next
A key look at June manufacturing sentiment is due at 9:45 am ET (1345 GMT). The May reading was 59.4 but automakers have posted signs that production has rapidly cooled and that could spread to other factories.
Estimates range from 55.0 to 60.9.
The May reading was 59.4 was the highest since late 2014 so any pullback would be brushed off.