Due to the Labor Day schedule, the only official report on Wednesday's docket is the Beige Book from the Federal Reserve, due out at 1 p.m. CDT. Traders will still pay attention to the latest weather forecasts and any news of export sales that surfaces.
Weather
Scattered showers are expected across the Southeast on Wednesday as an upper-level disturbance moves into the region tonight. Some flooding will be possible, which could damage open-boll cotton. Additional showers may pop up around the Great Lakes, but with no severe potential Wednesday.