The bulk of New York traders have been out since Wednesday but they’re stuffed with turkey and ready to sort out the mess in oil/gold/China.

In addition, new-month flows and rebalancing will drive some moves.

Markets are generally in a sour mood and S&P futures are down 7.5 points. On the economic calendar, the main event is the US ISM manufacturing index at 10 am ET (1500 GMT).

Two Fed heavyweights are also on the schedule with Dudley at 1215 pm ET (1715 GMT) and Stanley Fischer at 1 pm ET (1800 GMT).