What to Watch Tuesday: ISM Report, Construction Spending

After the long holiday weekend, two economic reports will be released as Wall Street gets back to work on Tuesday.
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On Tuesday it's a brand new year for Wall Street, and investors will want to see if the stock market can continue its advance after 2016's strong gains. Two economic reports will be released at 10 am ET -- the ISM report for December, and construction spending for November. The ISM index is forecast to rise slightly to 53.5%, from 53.2%. And construction spending is likely to come in with a gain of six tenths of 1%, up from a half percent.