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Yahoo appointed three new independent directors as it prepares for a proxy fight with activist hedge fund investor Daniel Loeb.
BATS Global Markets CEO Joe Ratterman apologized over the weekend for a system failure that caused the exchange operator to trade erroneously for less than a penny on its market debut Friday and resulted in Apple's shares being temporarily halted. The company's withdrawn initial public offering has been put on hold "for the foreseeable future."
On the economic front, pending home sales data for February will be released at 10 a.m. New York time. Economists polled by Briefing.com expect a 0.5 percent rise, compared with a 2 percent rise in January.
Brent crude oil edged below $125, with supply concerns due to Western sanctions against Iran offset by news that Sudan may resume production.
—Follow JeeYeon Park on Twitter: @JeeYeonParkCNBC —
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