U.S. stocks rose Friday.
NEW YORK (CNNMoney)
International developments may help fill the void. Investors will consider the emergence of a frontrunner for the Bank of Japan job, the outcome of a closely-fought election in Italy and some bad news about the U.K.'s credit rating.
U.S. stock futures were little changed ahead of the bell.
After U.S. markets closed Friday, Moody's stripped the United Kingdom of its AAA credit rating, citing the country's rising debt burden and tepid growth outlook.
Japanese media reports suggested Monday that Prime Minister Shinzo Abe is preparing to select Haruhiko Kuroda, president of the Asian Development Bank, as the next BoJ governor.
And Italy is expected to report initial election results that will determine the course of the country's economic reforms and could have broader implications for the eurozone debt crisis.
Last week was the worst of 2013 for the S&P and the Nasdaq, though the Dow managed a slight gain. U.S. stocks rose Friday, with the Dow jumping more than 100 points to close above 14,000.
Fear & Greed Index on the edge of extreme greed
Results are due later in the week from firms including Home Depot (HD, Fortune 500), Macy's (M, Fortune 500) and Groupon (GRPN).
European markets were firmer in morning trading, following a strong lead in Asia where news about Kuroda's likely appointment renewed talk of aggressive monetary expansion.
The Nikkei added 2.4%, while the Hang Seng increased 0.2% and the Shanghai Composite closed up 0.5%.
First Published: February 25, 2013: 3:48 AM ET
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