Having ended last week with a flourish, benchmarks are set to return to torpidity at the start of this week.
The S&P 500 is tipped to open half a point or so above Friday's close of 2,092, while the Dow Jones industrial average is expected to kick off in the green, up three points at 17,480.
Continental European benchmarks are mostly higher, buoyed by Friday's progress on the Greek bailout, though Greek Prime Minister Alex Tsipras's grasp on power may be slipping away, as he ponders whether he should call a vote on confidence, after significant numbers of his own party refused to back the bailout plans on Friday.
The main opposition party has already indicated it would not back Tsipras in a "no confidence" vote, while the socialist PASOK party has also indicated it would not lend Tsipras its support, despite voting in favour of the controversial bailout plans.
Athens needs to make a debt repayment on Thursday.
Asian markets were mixed this morning, with the Nikkei 225 in Japan up 101 points at 20,620 and the Shanghai Composite up 28 at 3,994, while the Hang Seng index in Hong Kong tumbled 176 points to 23,815.
The People's Bank of China appears to be sanguine about the yuan's current level, and the Chinese currency edged up marginally in Asian trade against the US dollar; that could allay mounting fears in the US about forex headwinds hitting US corporate earnings.
Online retailer Amazon (NASDAQ:AMZN), already in the doghouse over its tax policies, could be in focus today after a damning article over the weekend in the New York Times that claims the company drives its employees extremely hard, with employees said to "toil long and late".
Industrial holding company General Electric (NYSE:GE) looks set to get the green light from European regulators for its proposed acquisition of assets from Alstom.
Energy firms could be under pressure again, as the price of crude oil drops again, with the front month futures contract for West Texas light, sweet crude just about keeping its chin above US$41 a barrel.
Big results announcements expected today are from perfumier Estee Lauder (NYSE:EL) and retailer Urban Outfitters (NASDAQ:URBN).
As for the US economy, attention today will be on the Empire State Index, with economists suggesting the manufacturing index could come in at 4.5.