ISM services is only report on docket

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This economic calendar is much quieter this week versus last, with a smattering of data from three continents. Earnings remain active.

The Institute of Supply Management's non-manufacturing gauge for July at 10 a.m. ET is the only release today. Economists expect a reading of 53.2, up from 52.2 in the previous month. Higher figures would be considered bullish and lower ones bearish.

S&P 500 companies announcing quarterly results include Tyson Foods before the opening bell and Unum in the afternoon. No economic reports are scheduled for tomorrow.

Wednesday brings German industrial product, mortgage applications, and Chinese trade numbers in the evening.

Thursday features initial jobless claims, retailer same-store sales and more Chinese data in the evening. No economic numbers are scheduled for Friday.

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