The latest news is that the start may be weaker since the early gains of early morning gave way to increased concerns over the subprime mortgage market after New Century Financial said access to credit was drying up.

In the economic calendar there is not much data. The only information comes from Japan where fourth-quarter GDP rose a stronger-than-first-estimated 5.5%. However, the week's economic calendar includes Feb. retail sales on Tuesday (+0.2%), Core Producer Prices on Thursday (+0.2%) and Core Consumer Prices on Friday (+0.2%).

Last week the Dow rose 1.3%, just a slice of the index's 4.3% tumble from the previous week. The S&P 500 closed up 1.1% and the Nasdaq Composite added 0.8%

A. G. Edwards analysts say in their market morning commentary that: "The stock market is still working through the after shocks of the earlier 6% selloff but market activity during this subsequent consolidation/rebound has been encouraging. The rebound has been more robust and more durable than the average initial lift which bodes well for upside potential once the market completes the current correction. Some sort of a modest retest over the very short term is likely but not new lows. This would be normal market action and not the start of something serious."

Foreign markets were higher, especiallyl the Australian Stock Market on Monday that followed Wall Streat lead.