Futures on the Dow Jones Industrial Average gained 23 points to 12537 and those on the Standard & Poor's 500 stock index were up 0.50 point to 1335.25. Nasdaq 100 futures rose 8.25 points to 2363.50.
The blue-chip Dow index rallied 5.4% last week, posting the biggest weekly percentage gain since the week ended July 17, 2009.
The benchmark index rose 1.4% Friday, propelled higher by stronger-than-expected manufacturing data, which eased some worries about the state of the economic recovery.
Tuesday's economic calendar is relatively thin, with data on May factory orders due at 10 a.m., EDT.
In corporate news, Energy Transfer Equity L.P. (ETE) said Tuesday it will acquire natural-gas firm Southern Union Co. (SUG) for $8.9 billion, including $5.1 billion in cash and Energy Transfer common units, in an amended deal. Energy Transfer had said on June 16 it would buy Southern Union for around $4.2 billion plus debt. Tuesday's deal tops a rival offer from Williams Cos. (WMB), which offered on June 23 to buy Southern Union in a deal valued at $8.7 billion. For the latest updates PRESS CTR + D or visit Stock Market news Today
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