• The MBA’s index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
• Data on wholesale inventories for April will be released at 10:00 a.m. ET. Analysts expect wholesale inventories rising 2.1% in April.
• The Energy Information Administration’s weekly report on petroleum inventories in the U.S. will be released at 10:30 a.m. ET.
• The Treasury is set to auction 10-year notes at 1:00 p.m. ET.

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