Economic indicators

The value of new factory orders rose for the third straight month by 1.0% in February, as expected, data released by the Commerce Department Tuesday morning showed.

"New York City purchasing managers reported strong optimism in addition to a faster pace of activity in March," the Institute for Supply Management-New York's Report on Business index, released Tuesday, indicated.

The U.S. international trade gap narrowed to a below-expectations $43.6 billion with imports of crude oil up and autos down.