Investors will start the Memorial Day-shortened week with two economic reports. Consumer sentiment will be considered Tuesday when the private Conference Board issues its monthly survey. Economists expect the May reading to climb to 110.3 from 109.2 in April.
Also due is a report on personal income for April. Economists expect the index to have risen 0.3 percent for the month, compared with the 0.5 percent increase in March.
Stocks to Watch
OmniSky said it expects a loss, including special charges, of $2.18 to $2.26 a share in 2001. The company was expected to have a loss of $2.28 a share, according to First Call.
At the Bell
The Dow Jones industrial average may open 22 points lower. The Standard & Poor's 500 index for June futures contracts was off 2.5 points to 1276 at 4:15 a.m. PDT in 24-hour electronic trading.
Reuters contributed to this report.