NEW YORK - shares future picks index one open higher Wall Street Tuesday, with futures for the S & P 500, Dow Jones futures and Nasdaq futures win 0, 2-0, 3 percent by 5: 08 am
Russian internet company Yandex (YNDX.)(O) raised more than expected in its initial public offer Monday.
The US Treasury to sell 15 percent of its stake in American International Group Inc. (AIG).(N) Tuesday when the price his insurer offers stock.
According to a person familiar with the issue, Attorney General of New York, as part of its expansion probe in mortgage lending is seeking information from JPMorgan Chase & Co (JPM)(N), UBS AG (UBS).(N), Royal Bank of Scotland Group Plc (RBS).(L) and Deutsche Bank AG (DBKGn.DE).
A vacuum of leadership was left to Wal-Mart Stores Inc. (WMT).(N) cases China after leaving Chief Financial Officer Roland Lawrence and Chief Operations Officer Rob Cissell.
Earnings news could be under the spotlight, with Applied Materials (AMAT.)(O), AutoZone Inc. (AZO).(N), Compuware Corp. (CPWR).(O) and Medtronic Inc. (MDT)(N) reports Tuesday.
The index Department Redbook retail and sales of the chain of stores for may compared to April are due at 1255 GMT.
10 A.m. EDT, investisseurs investors will eye the release of Commerce Dept of new House April sales figures and the Federal Reserve Bank of Richmond may index the region manufacturing and service sectors.
Peripheral eurozone debt concerns remain in the background, with current speculation on a possible Greek debt restructuring and the contagion to other heavily indebted countries.
St. Louis Federal Reserve President James Bullard said on turmoil Monday on sovereign debt problems in Europe could weigh on economic recovery to the United States.
Shares European rose on Tuesday, led by the mining sector, once acquired, with base metals prices higher than Goldman Sachs copper said it expected purchasing Chinese to pick up in the coming months.
Wall Street fell to its lowest close in a month Monday on concerns over the recovery of the global economy.
The Dow Jones industrial average (.)(DJI) fell by 1.1%, the Standard & Poor 500 (.)(SPX) loses 1.2% and the Nasdaq Composite (.)(IXIC) declined by 1.6%.
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