The economic calendar in the U.S. Monday includes the Institute of Supply Management's Purchasing Managers' Index for November at 10 a.m. EST and the construction spending report for October at 10 a.m.
U.S. stocks on Friday ended mostly flat, as investors watched signs of gridlock in talks on the so-called fiscal cliff. The Dow Jones Industrial Average added 3 points, or 0.02%, to finish at 13,025. The blue-chip index gained 0.12% for this week.
Delta Air Lines ( DAL - Get Report) has reached out to Singapore Airlines ( SINGY) about purchasing the Asian carrier's 49% stake in Virgin Atlantic Airways, according to reports.
Bank of America ( BAC - Get Report) is putting off plans to revamp its lineup of bank accounts, and thereby increase monthly fees for some checking accounts, the Journal reported.
November sales reports from automakers such as Ford ( F - Get Report) and General Motors ( GM - Get Report) are expected throughout the day Monday.
Gravel supplier Martin Marietta Materials ( MLM - Get Report) is likely to explore a friendly offer for rival Vulcan Materials ( VMC - Get Report) rather than launch another hostile takeover attempt, the Journal reported, citing people familiar with the decision.
LDK Solar ( LDK) posted a third-quarter loss of $136.9 million, or $1.08 per American depositary share, compared with a year-earlier loss of $114.5 million, or 87 cents per ADS.
Pep Boys ( PBY) is seen earnings 13 cents a share in the third quarter on revenue of $527.7 million.
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