NEW YORK (Reuters) – U.S. stock index futures rose slightly on Tuesday as investors looked to upcoming housing and consumer confidence data for affirmation the economy was stabilizing.
Apple Inc (AAPL.O) is said to be developing a CDMA-compatible iPhone that would work on leading U.S. mobile carrier Verizon Communications Inc’s (VZ.N) network, the Wall Street Journal reported, citing people familiar with the matter.
Verizon shares were up 4.4 percent in premarket trade at $31.79 while Apple shares gained 2.1 percent to $237.18.
Tuesday’s economic diary includes the January S&P/Case-Shiller index, due at 9:00 a.m., and March Consumer confidence data, due at 10:00 a.m. S&P/Case-Shiller’s 20-city home price index is forecast dip 0.2 percent in January from December, according to a Reuters poll, and a separate report on March consumer confidence is expected to show a monthly rise to 50.0 from 46.0.
Key labor market data is due Friday, with a U.S.
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