U.S. economic data due for release Tuesday includes the Manpower employment outlook survey, the NFIB small business optimism index, the weekly Goldman Sachs and Johnson Redbook chain store sales reports, and the trade deficit report.
Markets were subdued at the open, before rallying after the Philadelphia Federal Reserve released its businessoutlook survey, showing a higher than expected increase in the index for July.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the housing price index, leading economic indicators and the Philadelphia Fed businessoutlook survey.