Dow Jones now could struggle as COVID numbers climb. Australia has announced a total lockdown that could last at least six weeks.
Investors are also waiting for the latest update on Americans seeking unemployment benefits.
Economists anticipate that another 1.423 million workers will have filed for unemployment for the week ending August 1.
This report is a critical preview of the trends in the U.S. jobs market.
Tomorrow, the U.S. Labor Department will release the official jobs report for July.