The Commerce Department is scheduled to release its report on new orders for manufactured goods in the month of April at 10 am ET. Factory orders are expected to increase by 0.6 percent in April after jumping by 1.6 percent in March.
Also at 10 am ET, the Labor Department is due to release its report on job openings in the month of April. Job openings are expected to decrease to 8.340 million in April from 8.488 million in March.