Today's economic calendar will focus on industrial production and consumer sentiment.
The day begins with the Empire State manufacturing survey for June at 8:30 a.m. ET. Analysts expect a decline to 13.80 from May's level of 17.09, within a range of 5 to 16.1.
The monthly Treasury International capital flow report will be released at 9 a.m. ET.
Industrial production for May will be released at 9:15 a.m. ET. Analysts are anticipating a reading of zero, a decline from April's figure of 1.1 percent. Estimates range from -0.2 to 0.3 percent.
The capacity and utilization rate is projected to remain unchanged at 79.2 percent, within a range of 78.2 to 79.4 percent. Manufacturing is expected to decline sharply to -0.3 percent from 0.6 percent, with a range of -3 percent to 0.1 percent.
The University of Michigan consumer sentiment survey for June will be released at 9:55 a.m. ET. Analysts are expecting a decline to 77.5 from May's level of 79.3, with a range of 75 to 78.
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