In terms of economic data, Redbook sales figures are due at 8:55 a.m. ET. Meanwhile, New York Federal Reserve President John Williams is due to give a speech on tightness in the labor market at 10 a.m. ET. The U.S. Treasury is set to auction $40 billion in four-week bills, $30 billion in eight-week bills and $26 billion in 52-week bills on Tuesday.