Global PMI numbers are pouring in ahead of the ISM manufacturing index, which is due at 10:00 a.m. Eastern. Forecast says a drop to 56.0. At the same time, construction spending is expected to come in unchanged, hopefully.The jobs report on Friday is the big one.
Over the weekend, Chinese manufacturing data added to worries about a slowdown there.
No huge announcements on tap, but we’ll hear from Yum Brands and Take-Two Interactive after the bell. Before that, Sysco reports. Anadarko Petroleum is also on the schedule.
Auto sales don’t usually trigger notable moves in shares of Ford , General Motors and the rest of the sector, but they may. The monthly figures will let us know either way.