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- Before the bell: Calm start for Wall Street
Before the bell: Calm start for Wall Street
US stocks were poised to open little changed Tuesday.
Standard & Poor's warned Monday that a plan for European banks to roll over some of Greece's debts into longer-term bonds would still be considered a default.
Economy: Factory orders are due from the Commerce Department after the start of trading. Orders are forecast to have risen 1% in May, after falling 1.2% April.
Companies: Shares of China's top search engine Baidu (BIDU) rose 1%, after it reportedly signed a deal with Microsoft (MSFT, Fortune 500) to provide English-language search results in China.
Baidu's main rival, Google (GOOG, Fortune 500), has failed to gain traction in the Chinese market.
World markets: European stocks were mixed in morning trading. Britain's FTSE 100 added 0.1% and the DAX in Germany rose 0.2%, while France's CAC 40 slipped 0.3%.
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