The Federal Reserve's report on industrial production in May is due out at 8:15 a.m. CDT Friday, followed by the Conference Board's U.S. index of leading indicators at 9 a.m. Traders will remain attuned to the latest weather forecasts, any news of an export sale, updates from Ukraine and the stock market. U.S. futures markets close at their normal times Friday and open next at 7 p.m. CDT Monday, allowing for a new national holiday, Juneteenth.
Weather
A frontal boundary became active over Missouri and Illinois Thursday night. Thunderstorm clusters are strong early Friday morning and pushing southeast into the Tennessee Valley. We will likely see that continuing through to the Southeast throughout the day and may remain strong. Cool temperatures are building north of this cluster and front across the eastern Midwest. But heat is starting to build back across the Northern Plains, becoming very hot over the weekend.