A report on U.S. durable goods orders for January will be out at 7:30 a.m. CST, followed by a report on consumer confidence at 9 a.m. Traders continue to keep close watch over South American weather forecasts and have an interest in news from the Middle East and Red Sea.
Weather
A strong cold front is found in the Northern Plains early Tuesday with a band of heavy snow across North Dakota into northern Minnesota. That front will race through much of the Plains and Midwest through Tuesday with strong winds, potential severe storms in the eastern Midwest, areas of light snow, and a sharp drop in temperatures from the records seen on Monday.