NEW YORK (CBS.MW) -- Shares are readying for timid gains at the open Tuesday after a powerful two-day run that pushed the Dow industrials into positive territory for the year.
Checking the numbers, March S&P 500 futures rose 0.70 point, or 0.1 percent, and were trading 0.80 points above fair value, according to HL Camp & Co. And Nasdaq futures gained 10.50 points, or 0.7 percent.
Among tech bellwethers trading before the official open: Cisco Systems, Juniper Networks, Advanced Micro Devices and Intel were all up around 10 cents.
Treasury focus
Government bonds clung to the flat line in early action ahead of Treasury's massive $25 billion 2-year note offering on Wednesday.
The 10-year Treasury note was off 2/32 to yield 4.86 percent while the 30-year government bond erased 1/32 to yield 5.37 percent.
In economic news, February consumer confidence will be out and is seen posting a 96.5 reading, down a touch from the previous month's level.
The confidence number is arguably the week's most interesting release. But the focal point for investors will be Fed Chair Alan Greenspan's speech ahead of a House sub-committee.
In the currency sector, the dollar edged up 0.1 percent to 133.97 yen while the euro declined 0.1 percent to 86.83 cents.
Germany's closely-watched IFO index of business confidence rose unexpectedly in February to 88.7 from January's 86.2. The surprising uptick lends credence to expectations for an economic recovery in Germany this year.
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