The NFIB small business optimism index for December is scheduled for release at 6:00 a.m. ET. The optimism index for small businesses is projected to increase to 98.8 in December from 98.4 in the previous month.
The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET.
Federal Reserve Bank of Kansas City President Esther George is set to speak at 9:30 a.m. ET.
Federal Reserve Chairman Jerome Powell will testify before the Senate Banking Committee at 10:00 a.m. ET.
The Treasury is set to auction 3-year notes at 1:00 p.m. ET.