Tomorrow's Headliners: Feeling Confident?

With the sentencing of Bernard Madoff finally in the rearview mirror, investors can now look ahead to Tuesday's session and refocus on stock and economic news.

While Monday lacked any economic releases, three separate reports will influence trading Tuesday. At 9 a.m. EDT, the Conference Board will release its latest reading of consumer confidence, with economists expecting a slight increase to 55.3 in June from 54.9 last month. The index has risen each month since bottoming in February at 25.3.

Also at 9 a.m., Standard & Poor's will post the S&P/Case-Shiller home price index, which is expected to have fallen 18.63% in April after a 18.7% slide in March. Shortly after, the Chicago Purchasing Managers will post their manufacturing index, which is expected to rise to a reading of 39 in June from 34.9 in May.

Several Federal Reserve members will also be giving speeches on the economy Tuesday, including St. Louis Fed President James Bullard, Kansas City President Thomas Hoenig, and San Francisco President Janet Yellen.

In stock news, General Motors' (GMGMQ Quote) future hangs in the balance as the automaker will ask a bankruptcy court to approve the sale of its assets. So far, the bankruptcy court judge has ruled in GM's favor on every motion since the company sought bankruptcy protection at the start of June.

On Monday, GM said it will pull out of its 25-year-old joint venture with Toyota (TM Quote) in which the two companies shared a Fremont, Calif., manufacturing plant.

Elsewhere, American International Group (AIG Quote) and Bed Bath & Beyond (BBBY Quote) will hold their annual shareholders meetings Tuesday.