U.S. factory orders for April are due out at 9 a.m. CDT Tuesday, the only significant report of the day. Traders are keeping close watch on the latest weather forecasts and any news about a possible peace deal in the Middle East.
Weather
An old front across the South continues to be active Tuesday morning with a cluster of severe thunderstorms moving through southeastern Oklahoma and headed for the Mississippi River. Behind it, a front moving through the Northern and Central Plains is also producing showers and thunderstorms. This front will get more active across the Upper Midwest later today with potential for severe storms. The southern tier of the country will largely follow suit.