Here Comes Industrial Production...
REUTERS/Jim Young At 9:15 p.m. ET, we'll get the June stats for U.S. industrial production.
Economists estimate that production grew 0.3% after stagnating in May.
"In June, production seems to have bounced back slightly," said Wells Fargo's John Silvia.
"The ISM manufacturing index jumped above the crucial 50 threshold again, with the production subcomponent posting a solid gain. However, a large drop in the Chicago PMI and no growth in average weekly hours for production workers indicate that the rise in industrial production will be subdued. In addition, a weaker global economy coupled with a stronger greenback weigh on foreign demand of American-made products."