The economic calendar in the U.S. Monday includes durable-goods orders at 8:30 a.m. EST and pending-home sales at 10 a.m.
U.S. stocks on Friday rose, with all three key indices ending the week higher, as Procter & Gamble ( PG) shares popped after an upbeat earnings forecast, and AT&T ( T) advanced after the company posted a narrower quarterly loss. The Dow Jones Industrial Average rose 71 points, or 0.5%, to finish at 13,896. The blue-chip index gained 1.8% for the week. The S&P 500 gained 8 points, or 0.5%, to 1,503 on Friday. The index ended up 1.1% for trading week. The Nasdaq rose 19 points, or 0.6%, to 3,150. The tech-heavy index added 0.5% for the week.
Yahoo! ( YHOO) is expected by analysts Monday to post fourth-quarter earnings of 28 cents a share on revenue of $1.21 billion. The report encompasses the Internet company's first full quarter under CEO Marissa Mayer. Yahoo!'s report is expected after Monday's closing bell.
Caterpillar ( CAT) is expected by Wall Street to report earnings of $1.70 a share in the fourth quarter on revenue of $16.12 billion. The maker of heavy construction and mining equipment earned $2.32 a share in the year-earlier fourth quarter on revenue of $17.24 billion.
Earnings are also expected Monday from Seagate Technology ( STX), VMware ( VMW) and BMC Software ( BMC).
Toyota ( TM) is again the world's top automaker, tallying global sales in 2012 of 9.748 million vehicles, topping General Motors, which sold 9.29 million vehicles last year.
Twitter's valuation is jumping following a new investment offer from BlackRock ( BLK), according to reportd. Citing anonymous sources, the Financial Times late Friday reported that BlackRock had launched an $80 million tender offer to a number of Twitter's early employees. The offer would value the social media company at more than $9 billion, up from the $8 billion valuation at the time of Twitter's last significant round of fundraising, the newspaper said.
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