On Tuesday, Greece's euro area-backed bailout expires, putting the country at the brink of default unless it can reach a deal with creditors.
TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS Charitable Trust Portfolio, says he's tracking the situation in Greece.
He warns investors to be careful as the Greek situation has drastically changed over the past few days.
On the earnings front, we note six companies releasing their latest quarterly financial results including ConAgra Foods (CAG), consumer foods giant General Mills (GIS), Constellation Brands (STZ), payroll services provider Paychex (PAYX), lighting fixtures company Acuity Brands (AYI), and spices maker McCormick and Company (MKC).
On the economic calendar, we point out some key data.
They include pending home sales, consumer confidence, the ISM manufacturing index, and the monthly employment situation report.
The employment situation is a set of labor market indicators based on two separate surveys in this one report.
The jobs report for June is expected to show that employers in the U.S. added about 225,000 jobs for the month.
Economists are expecting the unemployment rate to drop to 5.4% to match a seven-year low.
Federal Reserve Chair Janet Yellen is looking for additional strength in the labor market as officials decide on when to raise interest rates. The Labor Department is scheduled to release the jobs report at 8:30 a.m. EDT.
It's a shortened week on Wall Street. The stock and bond markets are closed on Friday for the Independence Day holiday. T