3 things to look out for on Tuesday

[The heart of the Financial district in New York: Wall Street]

Wall Street ended higher on Monday as traders weighed in hopes for a ceasefire deal between the U.S. and Iran and for the normalization of the commodity markets.

The benchmark S&P 500 (SP500 [https://seekingalpha.com/symbol/SP500]) closed +0.45%, while the heavy-tech Nasdaq Composite (COMP:IND [https://seekingalpha.com/symbol/COMP:IND]) ended +0.54%, and the blue-chip Dow (DJI [https://seekingalpha.com/symbol/DJI]) finished +0.36%.

Over in the bond market, the benchmark 10-year Treasury yield (US10Y [https://seekingalpha.com/symbol/US10Y#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) was 2 basis points higher at 4.34%, while the 2-year Treasury yield (US2Y [https://seekingalpha.com/symbol/US2Y#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) rose 3 basis points to 3.86%.

Now, here are the top things to look forward to on Tuesday:

* Tuesday’s economic calendar is headed by durable goods orders for March, which consensus expects a decline of 1.1%. In addition, traders will anticipate the Federal Reserve’s consumer credit report, which is expected to be $10B.
* As we kick in second-quarter earnings, companies expected to report on Tuesday include Levi Strauss (LEVI [https://seekingalpha.com/symbol/LEVI]), Aehr Test Systems (AEHR [https://seekingalpha.com/symbol/AEHR]), Unity Bancorp (UNTY [https://seekingalpha.com/symbol/UNTY]), and Xcel Brand (XELB [https://seekingalpha.com/symbol/XELB]), among others.
* Investors will continue to monitor oil futures as prediction markets are showing growing expectations that disruptions will persist for months [https://seekingalpha.com/news/4572666-prediction-markets-push-back-odds-of-iran-israel-us-conflict-ending-soon]. Crude oil futures (CL1:COM [https://seekingalpha.com/symbol/CL1:COM#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) are higher at $112.75, while Brent (CO1:COM [https://seekingalpha.com/symbol/CO1:COM#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]) has reached $109.59 per barrel.

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* Wall Street ends higher as traders price in de-escalation, while Iran rejects ceasefire proposal [https://seekingalpha.com/news/4572726-wall-street-shifts-higher-as-middle-east-tensions-remain-front-and-center]