The Commerce Department is scheduled to release its report on new home sales in the month of June at 10 am ET. New home sales are expected to climb to an annual rate of 640,000 in June after plunging to a rate of 619,000 in May.
At 10:30 am ET, the Energy Information Administration is due to release its report on oil inventories in the week ended July 19th.
Crude oil inventories are expected to edged up by 0.7 million barrels after falling by 4.9 million barrels in the previous week.
At 1 pm ET, the Treasury Department is scheduled to announce the results of this month’s auction of $70 billion worth of five-year notes.