Investors will be focused on factory orders data from the U.S. Commerce Department Tuesday, looking for signs of strength in the manufacturing sector. The data, due out at 10 a.m. ET, are expected to show a 1.5 percent rise compared with a January decrease of 1.0 percent.
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts
FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane
FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts
Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening.
European Union regulators want banks to restructure so they can wean themselves off cheap central bank loans and attract their own funding from investors and markets.
The U.S. futures regulator accused the Royal Bank of Canada of running a "trading scheme of massive proportion" to gain lucrative Canadian tax benefits.
Japan's Olympus Corp. may be able to recover from a $1.7 billion accounting fraud without raising capital, despite interest in an equity alliance from several investors including electronics giant Sony, its nominee president said on Tuesday.
GlaxoSmithKline will push ahead with plans to file its experimental once-weekly diabetes drug albiglutide for regulatory approval, following the read-out from a series of clinical trials.
Coty Inc disclosed on Monday it had offered $10 billion for Avon Products Inc but the larger company, which is grappling with sliding sales and a bribery probe, rejected the bid as too low and "opportunistic".
Illumina Inc said on Monday that its board unanimously rejected Roche Holding's increased offer to buy the genetic sequencing company for $51 per share, or about $6.7 billion, saying it dramatically undervalued the company.
Private equity firm Longreach Group has hired Morgan Stanley to explore the sale of its majority stake in Taiwanese lender EnTie Commercial Bank Ltd.
The Securities and Exchange Commission is looking into Groupon Inc's revision of its financial results, according to a report in the Wall Street Journal.
U.S. automakers release March auto sales. Economists in a Reuters survey expect annualized sales of 5.62 million cars and 5.80 million trucks. In February, the figures were 5.846 million cars and 5.854 million trucks.
Japan's Nikkei fell 0.6 percent with the yen's climb to a three-week high against the dollar prompting investors to lock in profits on blue-chip exporters that have logged sharp gains since January.
Stocks started the second quarter with a bang on Monday, with the S&P 500 climbing to a fresh four-year high as manufacturing data from the United States and China helped support the outlook for economic growth.
Reuters contributed to this report.














