Australia's business activity contracted in October, while Japan's factory activity will be released later Tuesday. South Korea's October producer price index figures are also expected.
A handful of technology stocks climbed in Monday's session as investors prepared for their earnings reports coming this week. Those gains helped the technology-heavy Nasdaq Composite rise 0.4%, performing the best of the three major indexes. Spotify has rallied more than 3% in the session. The streaming company is one of the major names expected to report before the bell on Tuesday.
Alphabet and Microsoft both added more than 1%, while Snap gained more than 2%. All three companies are slated to post their quarterly financial releases after the bell on Tuesday. Amazon and Meta traded up by more than 1% and 2%, respectively. Meta's report is expected after Wednesday's closing bell, followed by Amazon after the market closes on Thursday. To be sure, not every tech stock was rising ahead of earnings.
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