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Investors will receive two additional pieces of economic data today--June Construction Spending (consensus 0.5%) and the July ISM Index (consensus 56.2). Also of note, July auto and truck sales will be released throughout the day.

In Japan, Chief Cabinet Secretary Yoshihide Suga confirmed that Prime Minister Shinzo Abe plans to reshuffle his cabinet on August 3. Major European indices trade higher across the board while the euro (1.1810) has shed 0.3% against the dollar after hitting a 19-month high against the greenback yesterday afternoon.

The S&P 500 futures currently trade nine points, or 0.4%, above fair value. However, June personal spending ( 0.1%) and the June core PCE Price Index ( 0.1%) both met expectations.

The benchmark 10-yr yield is two basis points higher at 2.31%.

Cyto Bioscience has reported a current backlog of million in orders and anticipated contract research work. am S&P futures vs fair value: 7.80. (: WRAPX) : The S&P 500 futures trade eight points, or 0.3%, above fair value.

Equity indices in the Asia-Pacific region ended Tuesday on a higher note.

The Reserve Bank of Australia left its cash rate unchanged at 1.50%, as expected. British Chancellor Philip Hammond said Brexit will not be postponed or delayed, but the balancing of the UK's budget may be delayed. am S&P futures vs fair value: 6.00. (: WRAPX) : The S&P 500 futures currently trade six points, or 0.2%, above fair value.

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