Here are 10 things you should know for Monday, March 28:
1. -- U.S. stock futures were rising Monday while Asian shares ended the session mostly lower. European stocks were closed for Easter Monday.
The Shanghai Composite Index fell 0.7%.
Oil prices in the U.S. early Monday rose 1.1% to $39.89 a barrel.
2. -- The economic calendar in the U.S. Monday includes Personal Income and Personal Spending for February at 8:30 a.m. EDT, and Pending Home Sales for February at 10 a.m.
3. -- U.S. stocks on Thursday declined, snapping a five-week winning streak for Wall Street following hawkish Federal Reserve comments, renewed concerns about a crude-oil supply glut and global security worries following a terrorist attack in Belgium.
For the week, the S&P 500 fell 1%, the Dow Jones Industrial Average dropped 0.6%, and the Nasdaq fell 0.6%. The losses were enough to pull stocks back into negative territory for the year.
Markets in the U.S. were closed on Friday.
4. -- Microsoft (MSFT) executives have held early talks with potential Yahoo! (YHOO) investors about contributing to financing to buy the Internet company, a person familiar with the situation told Reuters.
The talks are preliminary, the person added, and Microsoft is focused on preserving the relationship between the two companies. Microsoft and Yahoo! have longstanding search and advertising agreements, Reuters noted.
Private-equity firms interested in Yahoo! approached Microsoft, the person added. Microsoft declined to comment.
Yahoo! is auctioning its core Internet business, which includes search, mail and news sites.
The talks with Microsoft come as hedge fund Starboard Value is seeking to remove the entire board of Yahoo!. Starboard on Thursday said it would nominate nine directors to Yahoo!'s board.
5. -- Japan's NTT Data agreed to buy Dell's IT services unit for $3.055 billion.
The acquisition was announced by the unit of Nippon Telegraph & Telephone in a statement to the Tokyo Stock Exchange on Monday. The company didn't give a date for when it will acquire the Dell units, Bloomberg reported.
NTT Data will acquire the divisions to strengthen its footprint in North America, and enhance cloud service and business-process outsourcing, according to its filing. The company will hire the 28,000 employees located mainly in North America and India from Dell, according to the statement.
For Dell, the sale will allow the computer maker to trim some of the $43 billion in debt it's taking on to acquire EMC (EMC) in a deal deal worth close to $60 billion.
6. -- Avon Products (AVP) is nearing a deal that would enable the beauty-products company to avoid a proxy fight, The Wall Street Journal reported.
Avon plans to announce as early as Monday that it has reached an agreement with Barington Capital Group and NuOrion Partners that will allow them to approve a new independent director for the company's board, according to people familiar with the matter.
The Barington-NuOrion group, which owns more than 3% of Avon, wouldn't mount a fight for board seats at the May 26 annual meeting as part of the expected agreement, the Journal reported.
The agreement comes as a deadline for the investors to launch such a fight arrived, and after they had privately submitted their nominees, the people told the Journal.
Avon also plans to appoint former FedEx executive Cathy Ross to its board, a move the investors endorse, and boost its board to 11 members.
7. -- Qlik Technologies (QLIK) , the U.S. data analytics company, has begun exploring strategic alternatives, including a sale, after coming under pressure from an activist shareholder, Reuters reported, citing people familiar with the matter.
The move comes after hedge fund Elliott Management unveiled an 8.8% stake in Qlik earlier this month and said the company should be taken over by a larger technology rival.
Qlik is working with Morgan Stanley to explore its potential sale, the people said, Reuters reported.
"The real issue is the global financial and economic developments, there's uncertainty about what's happening around the world and how that feeds back to the dollar and the U.S. economy," he told CNBC.
9. -- Earnings are expected Monday from Synnex (SNX) and Pacific Sunwearundefined .
10. -- Syracuse upset top-seeded Virginia, 68-62, in the Midwest Regional final on Sunday and will join North Carolina, Oklahoma and Villanova in the Final Four that begins next weekend.