Even with a slight retreat Monday, all three major indexes are still up between 7% and 11% for the year.
Tuesday is poised to be another day of gains in U.S. markets, with futures pointing to a positive opening for stocks.
But with little on the corporate or economic docket, trading could be relatively quiet.
At 10 a.m. ET, the Census Bureau will publish data on factory orders for February, following an underwhelming report on U.S. manufacturing Monday.
Major automakers, including Ford (Fortune 500) and , GM (Fortune 500), are also set to release their monthly sales figures Tuesday. Forecasts are for another strong month of sales, with some experts anticipating the best sales month in five years. ,
U.S. stocks started the second quarter with a modest pullback Monday.
Shares of health-care firms including Humana (Fortune 500), , United Health (Fortune 500) and , Aetna (Fortune 500) rose in after-hours trading Monday after the government announced a 3.3% increase in , Medicare Advantage rates for next year, rather than the 2.3% cut that had been floated previously. While Aetna shares were not yet trading premarket, shares of Humana and United Health were both higher ahead of the open Tuesday.
Hewlett-Packard (Fortune 500) shares slid nearly 3% in premarket trading after Goldman Sachs downgraded the firm to "sell." ,
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|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.37%||4.31%|
|15 yr fixed||3.40%||3.32%|
|30 yr refi||4.38%||4.31%|
|15 yr refi||3.39%||3.32%|
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