The economic calendar in the U.S. Tuesday includes the Chicago Fed national activity index at 8:30 a.m. EST, and existing-home sales for December at 10 a.m.
U.S. stocks on Friday ended mixed Friday as the benchmark S&P 500 worked its way up to a five-year high. The S&P 500 climbed 5 points, or 0.3%, to 1,486, bringing its gain to 0.95% for the week. The index reached its highest close since Dec. 26, 2007. The Dow Jones Industrial Average closed up 54 points, or 0.4%, to 13,650. The Nasdaq fell 1 point to close at 3,135. Stock markets were closed Monday in the U.S. in observance of Martin Luther King Jr. Day.
Google (GOOG - Get Report) reports after Tuesday's closing bell and analysts expect the search giant to post fourth-quarter earnings of $10.50 a share on revenue of $12.4 billion.
IBM (IBM - Get Report) is expected by Wall Street to report earnings of $5.25 a share in the fourth quarter on sales of $29.1 billion.
Verizon Communications (VZ - Get Report) is expected by analysts to post a profit of 50 cents a share on revenue of $29.83 billion in the fourth quarter.
DuPont (DD) is expected by analysts Tuesday to post quarterly earnings of 7 cents a share.
Johnson & Johnson (JNJ - Get Report) is expected by Wall Street Tuesday to post fourth-quarter earnings of $1.17 a share on revenue of $17.67 billion.
Shares of Research In Motion (RIMM) surged to a 13-month high on Monday in Toronto after CEO Thorsten Heins reportedly told a German newspaper the company could sell its handset business or license its software to rivals following the launch of its new BlackBerry 10 operating system.
Apple (AAPL - Get Report) reportedly plans three new smartphones this year. The first two are new iPhone models -- a 4-inch iPhone 5S device and a 4.8-inch device named iPhone Math. MarketWatch said the report surfaced originally in the Taiwan-based Commercial Times, then in the China Times.
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.