Stocks poised to advance ahead of economic data

U.S. stocks were poised to advance Tuesday morning as investors awaited data on housing, inflation and manufacturing, all to be released ahead of the opening bell. This follows Monday's sharp sell-off that had stocks return to negative territory for the year as commodity prices fell. Ahead of the data, the question is whether Monday indicates the beginning of a new down cycle in the market and the economy, or a one-day profit-taking, healthy correction.

More here: Before the bell: Futures higher ahead of housing, inflation, manufacturing data