U.S. stocks ended higher Friday.
NEW YORK (CNNMoney)
With no major corporate or economic reports on tap, markets will be waiting for any news of a compromise on the automatic spending cuts in Washington. Analysts fear that $85 billion in cuts that went into effect Friday, while unlikely to be felt immediately, could take a bite out of economic growth this year.
U.S. stock futures were weaker ahead of the opening bell. Chinese stocks tumbled earlier Monday, as Beijing announced new measures to avert a real estate bubble, and European stock markets followed.
Investors will get some readings on America's current macroeconomic health later this week, with reports due from the government on productivity and the job market.
Fear & Greed Index pulling back
U.S. stocks ended higher Friday.
The Shanghai Composite lost 3.7% on the day, while Hong Kong's Hang Seng declined 1.5%. Japan's Nikkei added 0.4%.
The dollar was up against the euro on growing talk that the European Central Bank may signal a rate cut as early as this week after a recent string of poor eurozone economic data and an election in Italy that could rekindle the region's sovereign debt crisis. 
First Published: March 4, 2013: 5:19 AM ET
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