A report on March U.S. durable goods orders is set for 7:30 a.m. CDT Tuesday, followed by March U.S. new home sales and an index of U.S. consumer confidence for April at 9 a.m. As usual, traders will keep up on the latest weather forecasts and pause at 8 a.m. CDT, in case USDA has an export sale announcement.
Weather
A frontal boundary continues to slide eastward with scattered showers on the East Coast for Tuesday. Additional showers will move through the Pacific Northwest and western Canadian Prairies throughout the day as well. The rest of the country will be mostly dry. Northern areas continue to be colder while the southwestern Plains will start to see temperatures rising. Cold morning temperatures in portions of the Plains may lead to some frost damage in limited areas Tuesday morning as well.