The University of Michigan is scheduled to release its revised reading on consumer sentiment in the month of May at 10 am ET.
The consumer sentiment index for May is expected to be unrevised from the preliminary reading of 48.2, which was down from 49.8 in April and marked a new record low.
Also at 10 am ET, the Conference Board is due to release its report on leading economic indicators in the month of April. The leading economic index is expected to dip by 0.3 percent in April after falling by 0.6 percent in March.
Federal Reserve Governor Christopher Waller is also scheduled to deliver a lecture on the economic outlook before the Centre for Central Banking Guest Lecture event at 10 am ET.