Here are 10 things you should know for Monday, Oct. 26:
1. -- U.S. stock futures were lower Monday ahead of another big week for earnings reports and a two-day meeting of the Federal Reserve that begins Tuesday.
European stocks traded mixed while Asian shares finished the session with gains following a rate cut from China on Friday.
2. -- The economic calendar in the U.S. on Monday includes new home sales for September at 10 a.m. EDT.
The S&P 500 added 1.3% on Friday and turned positive for the year. The Dow Jones Industrial Average rose 1.1% and the Nasdaq gained 2.6%.
4. -- Valeant Pharmaceuticals (VRX) has a conference call planned for Monday at 8 a.m. EDT, at which the drugmaker will " address and refute" allegations made last week by Citron Research that Valeant has a network of "phantom" pharmacies that it uses to falsely boost sales and avoid auditor scrutiny.
Citron's report intensified scrutiny of the company, which was already the subject of a separate investigation by the New York Times that detailed the ways in which the company vastly inflates drug prices.
Valeant released a statement denying the accusations, and is expected to do the same on Monday's conference call.5. -- The United Auto Workers union and General Motors ( GM - Get Report) reached a tentative agreement on a new four-year contract, avoiding a strike for now.
The UAW said the agreement was reached at 11:43 p.m. Sunday, 16 minutes before the deadline it had set to either reach an agreement or call a strike at GM's U.S. plants.
Details of the proposed contract weren't immediately available. The UAW said local union leaders will meet Wednesday in Detroit to vote on the tentative agreement. If they approve it, GM's U.S. hourly workers will vote on it.
The agreement covers 52,600 U.S. auto workers at 62 GM facilities in the U.S.
UAW President Dennis Williams said the proposed deal will provide "long-term, significant wage gains and job security benefits now and in the future." The union also hinted that this agreement -- like a contract passed last week by Fiat Chrysler FCAU workers -- gradually will eliminate a disliked two-tier wage system in the plants.
GM said in a statement that the agreement benefits employees but still provides flexibility to the company. The company said it would not comment further until the agreement is ratified.6. -- Toyota ( TM - Get Report) was the world's top-selling carmaker for the first nine months of 2015, selling nearly 7.5 million vehicles, and overtaking Volkswagen ( VLKAF) which was in the No. 1 spot for the half year.
Toyota's global sales for the first three quarters totaled 7.498 million vehicles, down 1.5% from a year earlier.
Germany's Volkswagen sold 7.43 million vehicles, almost unchanged from the previous year, while GM sold 7.2 million vehicles, down 1%.
Volkswagen was No. 1 from January to June. But its sales could suffer because of the emissions test scandal, which hit in September.
The upcoming version of the set-top box is a callback to the first generation Apple TV in that it has a significant amount of on-board storage, reported VentureBeat.
The new Apple TV comes in two sizes: 32GB at $149 and 64GB at $199.
8. -- The Martian and Goosebumps remained in the top spots at the weekend's box office with sales of $15.9 million and $15.5 million, respectively, according to Rentrak.
Good reviews for the biopic of former Apple CEO Steve Jobs didn't drive sales over the weekend. After two very strong limited-release weekends, Steve Jobs failed to impress in wide release with $7.3 million.
9. -- The National Retail Federation said total spending on Halloween this year is expected to reach $6.9 billion, down from $7.4 billion in 2014.