Stock index futures were lower as investors await today’s economic data. At 10:00 am ET, the Commerce Department is expected to show a 0.4% dip in factory orders in August, following a 0.1% increase in July. At the same time, the National Association of Realtors releases its pending home sale index. The report is expected to show a slight uptick for August, after the 5.2% jump in the previous month.
On Tuesday, the ISM non-manufacturing index will be released. The Challenger Job-Cut report and the ADP Employment report will be released on Wednesday. Weekly jobless claims will be released Thursday, and the closely watched Employment Situation report will be released by the government on Friday.