Meanwhile, traders are keeping an eye on U.S.-China trade developments ahead of a tariff deadline. The U.S. could impose new duties on Chinese goods by Sunday, provided there’s no breakthrough in their current talks.
Elsewhere, NBC News reported, citing multiple sources, that the Democrats plan to announce two articles of impeachment against President Donald Trump on Tuesday.
On the data front, the National Federation of Independent Business (NFIB) survey for November will be released at 6 a.m. ET. Revised figures for third-quarter productivity and third-quarter unit labor costs will follow slightly later in the session.
The U.S. Treasury is set to auction $24 billion in 10-year notes.