Durable Goods Orders will be released at 7:30 a.m. CDT, at 8 a.m. we'll see the Case-Shiller Home Price Index and at 9 a.m. the latest Consumer Confidence numbers are out. The USDA report preview is also available. Traders continue to keep an eye on South American weather and recent events in Ukraine.
Weather
A strong storm system in the Midwest will send the main low-pressure center northeast into Ontario on Tuesday while the cold front slowly pushes eastward into the Appalachians. Widespread showers continue from the Midwest to the Gulf Coast and some stronger thunderstorms will still be possible in the eastern Midwest this afternoon. At the same time, snow continues to be heavy on the backside of the storm across Minnesota. Cold air has built in behind the storm across the Plains