US stocks look set for another rebound, data eyed

Investors are preparing for a shorter week due to the Easter vacation; stock and bond markets are closed for Good Friday this week, but futures will trade in the morning session and non-farm payrollswill still be published Friday.

This will be the data highlight of the week, with expectations for another increase in non-farm payrolls of around 250,000 in March, leaving the unemployment rate unchanged at a more-than-six-and-a-half-year low of 5.5 percent.

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Meanwhile, Tuesday marks the end of the first quarter, meaning fund manager portfolio adjustments could have an effect on stocks and bonds.

Stocks posted a slightly higher close on Friday, breaking a 4-day losing streak, after comments by Federal Reserve Chair Janet Yellen.

Yellen said a rate increase may be warranted later this year, adding that an increase in core inflation is notessential before the Fed raises rates.

Earnings expected on Monday include Cal-Maine Foods, UTi Worldwide before the market open.

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