Updated from 6:58 a.m. EDT.
NEW YORK (TheStreet) -- Here are 10 things you should know for Monday, March 23:
1. -- U.S. stock futures were inching higher Monday after a strong close Friday. Investors are looking to home sales data and comments from Federal Reserve central bankers.
European stocks edged lower on Monday after hitting record highs on Friday. Renewed fears that Greece would not reach a continued deal with the eurozone depressed stock prices.
2. -- The economic calendar in the U.S. on Monday includes the Chicago Fed National Activity Index on economic activity and inflationary indicators, which reports at 8:30 a.m. Existing home sales data come in at 10 a.m. Several Federal Reserve central bankers will give speeches this week.
3. -- U.S. stocks on Friday closed strongly up as the dollar weakened and oil prices recovered.
4. -- Coffee maker Starbucks (SBUX - Get Report) is retreating from its "Race Together" campaign, in which the company urged its staff to engage customers in conversations about race. Starbucks' CEO, Howard Schultz, said the push ended Sunday. The company faced mockery on social media, especially on Twitter (TWTR - Get Report), for its initiative.
In premarket trading, Starbucks was dropping 0.47%.
5. -- In a move to take over Italian tire-maker Pirelli (PPAMF), China National Chemical agreed to buy a stake in Camfin, which is Pirelli's largest shareholder. The deal will involve an industrial partnership between a subsidiary of China National and Pirelli, as well as the creation of a new Italian company that will buy out the remaining stock in Pirelli at €15 a share.
6. -- Greece is struggling with its debt payments, Greek Prime Minister Alexis Tsipras told German Chancellor Angela Merkel last week. Tsipras makes an official state visit to Berlin Monday.
Tsipras' new government is chafing against restrictions imposed by the European Central Bank. Greece has received a bailout worth €240 billion euro, or about $260 billion.
7. -- Federal Reserve Vice Chairman Stanley Fischer, Cleveland Fed President Loretta Mester, San Francisco Fed President John Williams and St. Louis Fed President James Bullard will all give speeches this week -- Fischer, Mester and Williams on Monday.
In the speeches, investors will be looking for signals on when the Fed may raise rates. Fed Chair Janet Yellen last week said that the Fed would raise rates only when the economy looked sufficiently strong, but at the same time the Fed's Open Market Committee report no longer said the central bank would be "patient" in waiting to raise rates.
8. -- Facebook (FB - Get Report) shares closed at record highs on Friday. The social network's mobile advertising sales have grown to 69% of sales, and investors have welcomed that shift. The stock grew more than 40% last year.
In premarket trading, Facebook stock was rising 0.12%.
9. -- Citigroup (C - Get Report) will be allowed to make payments of Argentinian bond interest, a U.S. federal court judge said in an order that is expected to be filed on Monday in court. The ruling is the latest move in a dispute over almost $100 billion in Argentinian bonds that the country defaulted on in 2001.
Citi shares were steady in premarket trading.
10. -- The bankruptcy auction for RadioShack assets will begin Monday. Standard General, a hedge fund, has joined with Sprint (S - Get Report) in an attempt to keep about half of RadioShack's stores open. Other creditors want the company's assets sold and the value distributed. The future of 94-year-old RadioShack will be determined by the auction and by legal decisions.