A report on U.S. existing home sales is set for 9 a.m. CDT, followed by the Energy Department's weekly report of energy inventories at 9:30 a.m., a report which includes ethanol production. Traders will continue to keep a close watch on the latest weather forecast and any news regarding Ukraine.
Weather
A system moving through the Great Lakes is expected to fire off scattered thunderstorms along its cold front from Michigan to Kentucky Wednesday afternoon, some of which may be severe. More limited showers will be possible along the rest of the front from Tennessee back through Oklahoma. Some showers will also be found across the Southeast while most of the rest of the country is dry. Heat continues to be a major factor today, with high heat and humidity ahead of this from across the South into the Northeast.