Stocks pointed to a higher opening Tuesday after the long holiday weekend, with traders optimistic ahead of data on consumer confidence and the housing market.

The market is expecting the Conference Board to report at 10 a.m. that its May index of consumer confidence came in at 105.0, a slight improvement from the previous month’s reading of 104.0.

Also Tuesday, Standard & Poor’s releases its home price index, and the Dallas and Chicago Federal Reserves release their indexes of regional manufacturing. Read more

Original post by The Associated Press