Earnings are set to be front and center, as big U.S. brands are set to report. Out of the group, investors will be watching closely for financial news out of Intel, and Yahoo. BlackRock reported mixed results, missing estimates on revenue but beating on profits. Meanwhile, Dow component Johnson & Johnson posted better-than-expected earnings and sales. The firm also raised its full-year guidance.
Goldman Sachs, another Dow component, also beat Wall Street expectations, continuing banks' strong earnings season. On Monday, Bank of America also reported better-than-expected corporate results.
UnitedHealth Group, Harley-Davidson and Comerica were also among the firms that posted quarterly results.
The U.S. central bank continues to be at the back on investors' minds this week, as talk about when the Fed will next raise interest rates remains a big topic and mover of markets.
On Monday, Fed Vice Chairman Stanley Fischer warned of the dangers of low rates during a speech at the Economic Club of New York. During the remarks, he suggested that low rates could cause deeper and longer recessions, adding that the central bank had a limited ability to combat recessions.
Investors will now be looking towards the Fed's Beige Book release, due out on Wednesday. Ahead of that, CPI data for September came in line with expectations, while the National Association of Home Builders (NAHB) survey is due out at 10 a.m. ET.