US retail sales coming up next
Retail sales are on the agenda
The major data point of the week is coming up at the bottom of the hour with US retail sales for May. The April report was unexpectedly soft but that followed a strong March report.
Is the consumer slowing down? It seems a bit premature but the signs on the economy have been mixed for the past six weeks and the market will over-react either way.
Watch the reading on the control group, which is expected to rise 0.4% after a flat reading in April.