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The Institute for Supply Management-New York releases the October index of regional business activity at 8:30 a.m. EDT. In September, the index read 538.0.
At 9:45 a.m. EDT, the Institute of Supply Management Chicago releases October index of manufacturing activity. Economists forecast a reading of 59.0, compared with 60.4 in September.
The China unit of investment bank JP Morgan
Groupon Inc is considering raising its IPO price range as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.
European shares <.FTEU3> fell 0.8 percent early on Monday, giving back a little of last week's strong gains, with miners hurt by falling metals prices after Japan intervened to stem the rise in its currency against the dollar.
Japan sold the yen for the second time in less than three months after it hit another record high against the dollar, saying it intervened to counter speculative moves that were hurting the economy.
The dollar leapt against the yen by the most in three years, hitting a three-month high after the intervention, while metals prices fell.
U.S. stocks closed out a fourth week of gains in quiet fashion on Friday, edging higher as the market took a breather after rallying 3 percent on Europe's deal to stem its debt crisis.
The Dow Jones industrial average <.DJI> gained 22.56 points, or 0.18 percent, to 12,231.11. The Standard & Poor's 500 Index <.SPX><.INX> added 0.49 point, or 0.04 percent, to 1,285.08. The Nasdaq Composite Index <.IXIC> shed 1.48 points, or 0.05 percent, to 2,737.15.
(Reporting by Atul Prakash; Editing by David Holmes)